Dear KMAG: 20250212 Open Thread & Mercantilism: The Motive

I have noticed what I think is a thread throughout history. In my article, on Operation Gladio, I mentioned Mercantilism. Investopedia defines Mercantilism thus:

Mercantilism and the Colonies of Great Britain

Mercantilism is an economic policy designed to increase a nation’s wealth through exports, which thrived in Great Britain between the 16th and 18th centuries. The country enjoyed the greatest benefits of mercantilism between 1640 and 1660 when the prevailing economic wisdom suggested that the empire’s colonies could supply raw materials and resources to the mother country and subsequently be used as export markets for the finished products.

The resulting favorable balance of trade was thought to increase national wealth and Great Britain was not alone in this line of thinking. The French, Spanish, and Portuguese competed with the British for colonies under the belief that no great nation could exist and be self-sufficient without colonial resources. Because of this heavy reliance on its colonies, Great Britain imposed restrictions on how its colonies could spend their money or distribute assets…

Key Takeaways

Mercantilism exists to increase a country’s wealth through its exports.

British economic growth was propelled by raw materials supplied by its colonies so the nation could export finished products.

Mercantilism brought about many acts against humanity, including slavery and an imbalanced system of trade.

During Great Britain’s mercantilist period, colonies faced periods of inflation and excessive taxation, which caused great distress.

Angry and frustrated American colonists revolted against the British, which led to the American Revolution and the end of mercantilism.

Although current understanding holds that Mercantilism, as an economic philosophy, is long obsolete, it was never really abandoned by the Cabal. Instead, it was just hidden.

The second useful concept is Monopsony. It is what we now see in the USA today, especially in the food industry.

What Is a Monopsony?

A monopsony is a market condition in which there is only one buyer, the monopsonist. Like a monopoly, a monopsony also has imperfect market conditions. The difference between a monopoly and a monopsony lies in the difference between the controlling entities. An individual seller controls a monopolized market while a single buyer dominates a monopsony. Monopsonists are common in areas where they supply most or all of the region’s jobs.

Key Takeaways

A monopsony refers to a market dominated by a single buyer who has a controlling advantage that drives its consumption price levels down.

A monopsony can arise due to geographical constraints, government regulation, or unique consumer demands.

Monopsonies commonly experience low prices from wholesalers and an advantage in paid wages.

Unlike a monopoly where one seller creates upward pricing pressure, a monopsony is a market condition with only one buyer who may cause downward pricing pressure.

TRADE

What Is Trade?

Trade is the voluntary exchange of goods or services between different economic actors. Since the parties are under no obligation to trade, a transaction will only occur if both parties consider it beneficial to their interests….

Trade seems to be as old as civilization itself—ancient civilizations traded with each other for goods they could not produce for themselves due to climate, natural resources, or other inhibiting factors…

Trade and bartering seems to be a uniquely human trait and it is seen through out history. It is a reason for empire building. Empires like the Roman empire or the Aztec empire were based on trade.

The Aztec economy was based on three things: agricultural goods, tribute, and trade. Aztec trade was crucially important to the empire; there could be no empire without it as many goods used by the Aztecs were not produced locally. Prized white cotton could not grow at the altitude of the Valley of Mexico and had to be imported from conquered semi-tropical regions further south, as were cacao beans, from which chocolate is made…. Pochteca were professional merchants, traveling long distances to obtain the luxury goods desired by the nobility: feathers from tropical birds, rare gems or jewelry and pottery created by other Mesoamerican cultures. The pochteca obtained anything rare and special, as well as the white cotton and cacao beans, earning them a special place in the Aztec society. They had their own capulli, laws and section of the city, even their own god, who watched over traders.

I am using the Aztecs to make the point that the critical factor in looking at the bits and pieces that I am assembling is THE MERCHANT PRINCES and not religion! As I said in last week’s article, today religion is used as a diversion to keep people from looking further. Scream Islamophobia or antisemitism and you have successfully shut down the conversation. I am also making the point that the merchant princes/bankers have a tremendous amount of power over the government.

…..

Last week I took another look at the Khazars and I want to make this additional comment about their history written by Arthur Koestler. Koestler would have access to the memories of his parents and grandparents, neighbors and even further back.
From WIKI:

Koestler was born in Budapest [Very near Poland -GC] to Jewish parents Henrik and Adele Koestler (née Jeiteles). Henrik’s father, Lipót Koestler, was a soldier in the Austro-Hungarian Army.[7] In 1861, Lipót married Karolina Schon,the daughter of a prosperous timber merchant, and their son Henrik was born on 18 August 1869 in the town of Miskolc in northeastern Hungary….

I think from his mom and grandparents he would have first hand tales to substantiate what he wrote, in addition to the information he gained in his visits to Russia.

…Some particular trades became virtually a Jewish monopoly in Poland. One was dealing in timber— which reminds one that timber was the chief building material and an important export in Khazaria; another was transport. “The dense net of shtetls,” writes Poliak, “made it possible to distribute manufactured goods over the whole country by means of the superbly built Jewish type of horse cart.

The preponderance of this kind of transport, especially in the east of the country, was so marked amounting to a virtual monopoly — that the Hebrew word for carter, ba‘al agalah was incorporated into the Russian language as balagula… https://heritage-history.com/index.php?c=read&author=koestler&book=tribe&story=exodus

So according to Koestler, the Khazars were merchants and held virtually a Jewish monopoly in Poland in certain commodities and in transport.

The second monopoly for Jews, at least in the Middle Ages, was banking, although that did not last.

USURY

The History of Money, Warlord Banksters, and the Worship of Mammon

[Has a lot about the history of Jews, Italians and Banking.]

…The word mammon can denote wealth or profit in the original Syriac dialect but also is the name of a Syrian deity who was the god of riches. The Mishnaic Hebrew word mamôn means money, wealth, possessions, and “that in which one trusts.”

Eventually, due to the Christian injunction against charging interest for money that is loaned to another person (usury), the entire idea of money (mammon) became a pejorative, a term that was used to describe pride, greed, gluttony, excessive materialism, and unjust worldly gain. The “worship” of money was seen as a sin, and the work of the demon of greed, Mammon. Later, money becomes synonymous with hellish intent and bondage to the physical world which leads humans into the dark realms; therefore, Christians were warned to stay away from practices of usury and the glorification of Mammon. It was a common belief that usury is the work of the devil and certainly not fit for a Christian. A Christian should be faithful with “another” and help them out of love, not for the purposes of money mongering for personal gain. The Christian is careful not to be contaminated by the “unrighteousness” of wealth and money and the lure of Mammon.

…The first “modern” bank was established in Venice with a guarantee from the State in 1157 AD and operated until 1797 acting in the interest of the Crusaders of Pope Urban the Second. This activity developed into the Bank of Venice, with an initial capital of 5,000,000 ducats. This bank was the first national bank to have been established within the boundaries of Europe.

In the middle of the 13th Century, when certain rich Italian families saw the profits that the Venetian banking families were making, groups of Italian Christians, particularly the Cahorsins and Lombards, invented “legal fictions” to get around the ban on Christian usury. One method of Christians effecting a loan with interest without calling it usury was to offer money without interest, but also require that the loan is insured against possible loss or injury, and/or delays in repayment. The Christians effecting these legal fictions became known as the Pope’s Usurers and reduced the importance of the Venetian and Italian Jews to European monarchs….

Italian and Jewish bankers… An interesting side note to keep in the back of your mind:

Operation Gladio – How It’s Funded Where Did All the Mobsters and Mafia Go?

Jun 25, 2024 • The Colonel’s Corner

Did you know there were primarily two distinct mafia/mobster networks operating in the United States in the early 1900’s.

One consisted of Italian mafia families that had emigrated to America. They settled primarily in New York and Chicago and focused on trafficking liquor during prohibition, gambling, and prostitution.

The second were Jewish mobsters like Louis “Pretty” Amberg, Moses Annenberg (newspaper/media for Hearst Corp), Abe Bernstein (Purple Gang), Mickey Cohen (Los Angeles), Meyer Lansky (formed the National Crime Syndicate focusing on Cuba and Las Vegas), and Benjamin “Bugsy” Siegel (New York and Las Vegas). While they were into all the same crime syndicates as the Italian mobsters, they also were used by large business enterprises that needed assistance in making things happen—for example, dock workers, newspapers, bankers, etc….

The mafia and mobsters didn’t disappear after World War II; much of their activities were folded into the Central Intelligence Agency (CIA). The prohibition era liquor networks gave way to drugs like heroin and cocaine, with the profits being used to fund covert functions of Operation Gladio, with prostitution transformed into human trafficking networks, the funds being used for covert operations as well. Lastly, in order to keep this operation protected and to provide weapons to the stay-behind-units, a weapons trafficking network was incorporated into the CIA….

And now we come to career choices. Would you rather sit at home and LEND money, money that is insured and brings interest? Or would you rather be the merchant that treks all over the world?

If we fast forward to today, we find:

The Network of Global Corporate Control

(PLOS pulled the paper BTW.)

October 26, 2011 Stefania Vitali, James B. Glattfelder, Stefano Battiston

Abstract

The structure of the control network of transnational corporations affects global market competition and financial stability… We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers.

In contrast, we find that only 737 top holders accumulate 80% of the control over the value of all TNCs [transnational corporations ]… This means that network control is much more unequally distributed than wealth. In particular, the top ranked actors hold a control ten times bigger than what could be expected based on their wealth. (Think MUTUAL FUNDS & PENSIONS! -GC]

To hear more about how the study was conducted there was a Ted Talk. Interestingly this ted talk has also been removed but the transcript is still available HERE:

James B. Glattfelder: Who controls the world?

Click Show Transcript and then English. Scroll down in the window below the dead video to read.

Now, you’ve probably all heard of similar criticism coming from people who are skeptical of capitalism. But this is different. This is coming from the heart of finance. The first quote is from Jean-Claude Trichet when he was governor of the European Central Bank. The second quote is from the head of the U.K. Financial Services Authority. Are these people implying that we don’t understand the economic systems that drive our modern societies? It gets worse. “We spend billions of dollars trying to understand the origins of the universe while we still don’t understand the conditions for a stable society, a functioning economy, or peace.” [LIE MUCH? -GC]

An earlier work by the same physicists.

World’s Stocks Controlled by Select Few

Next time the Fake News mentions the stock market remember this.

A pair of physicists at the Swiss Federal Institute of Technology in Zurich did a physics-based analysis of the world economy as it looked in early 2007. Stefano Battiston and James Glattfelder extracted the information from the tangled yarn that links 24,877 stocks and 106,141 shareholding entities in 48 countries, revealing what they called the “backbone” of each country’s financial market. These backbones represented the owners of 80 percent of a country’s market capital, yet consisted of remarkably few shareholders.

“You start off with these huge national networks that are really big, quite dense,” Glattfelder said. “From that you’re able to … unveil the important structure in this original big network. You then realize most of the network isn’t at all important.”

The most pared-down backbones exist in Anglo-Saxon countries,.. these same countries are considered by economists to have the most widely-held stocks in the world… But while each American company may link to many owners, Glattfelder and Battiston’s analysis found that the owners varied little from stock to stock…

Corporations top officers:

Exposing the Financial Core of the Transnational Capitalist Class 9/13/2013

(The author should not have used the word Capitalist since it is NOT capitalism.)

…..

It would seem the Cabal decided banking was the better career choice. However they obviously have a vested interest in seeing that the ‘Merchant Princes’ aka Transnational Corporations make as much money as possible since they owned them. Hence they would want as much power over governments as possible.

Originally corporations were granted charters by Royalty. As an example the East India Company was granted a charter by Queen Elizabeth I on December 31, 1600 The charter allowed it to have exclusive trading rights with the East Indies.

For an amusing retelling of the history of the British East India Company see:

The Messed Up Truth About The East India Company

For a more serious look and the connection of the East India Company to Fractional Reserve Banking see:

The British East India Company and the Deep State

(You knew I had to sneak a horse in if I could.)

“Those few who can understand the system (check book, money and credit) will either be so interested in its profits, or so dependent on it favors, that there will be little opposition from that class, while on the other hand, the great body of people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear it burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” –
— ROTHSCHILDS BROS. OF LONDON

“Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen, they will create enough deposits, to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers, and pay the cost of your own slavery, let them continue to create deposits.”
— SIR JOSIAH STAMP, (President of the Bank of England in the 1920’s, the second richest man in Britain)

Can’t get more blunt than that!

Now that we have introduced two major methods for making money, trade & lending let’s re-introduce the CIA and the NAZIs…. AND FASCISM.

The “Third Way” is the ‘Capitalism’ that those on the left complain about. It is a nasty mix of Corporate/government governance like we see now in the USA but it is NOT capitalism, it is a form of ‘socialism’.

E. M. Smith, who is an economist by training, explained it in 2011 in

“Evil Socialism” vs “Evil Capitalism”

“What a corporation wants is a monopoly where they can achieve the profit maximizing price point. Not competition. No “market” with many sellers…

EPA is used to forbid all sorts of things that can be done easily and cheaply, and where the alternative is very expensive (and available from very few, or one, supplier). So, want to make your own “trash to fuel FT machine”? Well, better check out all the “regulations” on fuel refining and production … if you don’t have a few full time lawyers to fill out the paperwork and a few more to defend against the EPA suing you, it’s a no-go. And who DOES have those lawyers? AND the already established refineries? Oh yeah…

Once corporations figure out that it is cheaper and easier to get the competition banned and them mandated, than to create new products; and that they can make lots of money as the sole provider of a crappy product but not that much making good products in a competitive market; well, lets just say that the campaign contributions flow…

That would be bad enough, but the greedy bastards want it ALL. They want complete control of the entire world and everyone in it.

America Has a CIA-Run Economy — Erik Carlson

Jan 18, 2025

The current S&P 500 Index has the most top-heavy weighting the US has ever known. In 2025, the top 5 companies in America account for 33% of the S&P 500 Index weighting. For reference, in 2010, the top 5 companies accounted for 11%. In 15 years, the top 5 companies tripled in their weighting. One-third of the current weighting is in 1% of the S&P 500 companies. This means the S&P 500 doesn’t appropriately represent the US stock market. In fact, only 1% of American businesses are even publicly traded companies and a part of the stock market. The stock market doesn’t represent the economy, and the S&P 500 doesn’t properly represent the stock market.

Now that that is established, what do the five biggest companies in America all have in common, besides being megalithic in size? I believe they all have the same master, the CIA. They are all used to influence Americans and the world. They are all critical in propagandizing and controlling the world….

So lets stop here and look at the pieces of information we have.

* Trade is the life blood of empires.

* Lending money facilitates trade AND is easier and less risky especially if you are a national bank using fractional reserve banking practices.

* If you can create money out of thin air you can BUY all the corporations you want.

So, HOW do you MAXIMIZE profits and control?

Enter the World Bank, IMF and their Economic Hitmen. They are the first step.
If you remember the “Confessions Of An Economic Hitman“ This is the first arrow in the quiver of our Hidden Rulers.

John Perkins: This is how Economic Hitmen (EHMs) destroy countries

…That is what we Economic Hitmen do best: we build a global empire.

We are an elite group of men and women who utilize international financial organizations to foment conditions that make other nations sub-servient to the corporatocracy running our biggest corporations, our government, and our banks. Like our counterparts in the Mafia, EHMs provide favors. These take the form of loans to develop infrastructure — electric generating plants, highways, ports, airports, or industrial parks . A condition of such loans is that engineering and construction companies from our own country must build all these projects.

In essence, most of the money never leaves the United States; it is simply transferred from banking offices in Washington to engineering offices in New York, Houston, or San Francisco.

Despite the fact that the money is returned almost immediately to corporations that are members of the corporatocracy (the creditor), the recipient country is required to pay it all back, principal plus interest. If an EHM is completely successful, the loans are so large that the debtor is forced to default on its payments after a few years. When this happens, then like the Mafia we demand our pound of flesh.

This often includes one or more of the following: control over United Nations votes, the installation of military bases, or access to precious resources such as oil or the Panama Canal. Of course, the debtor still owes us the money—and another country is added to our global empire….

Self-Described Economic Hit Man John Perkins: “We Have Created the World’s First Truly Global Empire”

[The article has an one hour video interview of Perkins.]

JOHN PERKINS: We economic hit men, during the last 30 or 40 years, have really created the world’s first truly global empire, and we’ve done this primarily through economics, and the military only coming in as a last resort. Therefore, it’s been done pretty much secretly. Most of the people in the United States have no idea that we’ve created this empire and, in fact, throughout the world it’s been done very quietly, unlike old empires, where the army marched in; it was obvious. So I think the significance of the things you discussed, the fact that over 80% of the population of South America recently voted in an anti-U.S. president and what’s going on at the World Trade Organization, and also, in fact, with the transit strike here in New York, is that people are beginning to understand that the middle class and the lower classes around the world are being terribly, terribly exploited by what I call the corporatocracy, which really runs this empire…. what we’ve done — we use many techniques, but probably the most common is that we’ll go to a country that has resources that our corporations covet, like oil, and we’ll arrange a huge loan to that country from an organization like the World Bank or one of its sisters, but almost all of the money goes to the U.S. corporations, not to the country itself, corporations like Bechtel and Halliburton, General Motors, General Electric, these types of organizations, and they build huge infrastructure projects in that country: power plants, highways, ports, industrial parks, things that serve the very rich and seldom even reach the poor. In fact, the poor suffer, because the loans have to be repaid, and they’re huge loans, and the repayment of them means that the poor won’t get education, health, and other social services, and the country is left holding a huge debt, by intention. We go back, we economic hit men, to this country and say, “Look, you owe us a lot of money. You can’t repay your debts, so give us a pound of flesh. Sell our oil companies your oil real cheap or vote with us at the next U.N. vote or send troops in support of ours to some place in the world such as Iraq.” And in that way, we’ve managed to build a world empire with very few people actually knowing that we’ve done this.…

And after the World Bank is finished the IMF steps in.

Mr. Budhoo’s Bombshell: A people’s alternative to Structural Adjustment [IMF]

“Today I resigned from the staff of the International Monetary Fund after over 12 years, and after 1000 days of official fund work in the field, hawking your medicine and your bag of tricks to governments and to peoples in Latin America and the Caribbean and Africa. To me, resignation is a priceless liberation, for with it I have taken the first big step to that place where I may hope to wash my hands of what in my mind’s eye is the blood of millions of poor and starving peoples. Mr. Camdessus, the blood is so much, you know, it runs in rivers. It dries up too; it cakes all over me; sometimes I feel that there is not enough soap in the whole world to cleanse me from the things that I did do in your name and in the name of your predecessors, and under your official seal. “

With those words, Davison Budhoo, a senior economist with the International Monetary Fund (IMF) for more than 12 years, publicly resigned in May, 1988.

The article continues.

The IMF and World Bank are separate institutions with distinct roles. While the bank makes loans for development projects, the IMF lends to governments to ease deficits and make their economies appear stable to the international market. The World Bank was created in April 1944 as a lending institution composed of member governments to help rebuild post-war economies. The IMF was created to restructure and organize the market systems of member nations by promoting international economic cooperation and trade, and by encouraging stable currencies.

The bank introduced Structural Adjustment Programs in 1980 to increase export production in debtor nations to provide cash for debt-service payment. Under “structural adjustment,” developing countries typically are required to devalue their currency; dramatically cut spending on social services, medical care and education; eliminate barriers to foreign multinationals and trade; privatize national assets; deregulate business; decrease wages; restrict credit and raise interest rates.

Due to the radical reorganization of national economies, people in “SAPed” countries often pay for their governments’ loans with extreme poverty, hunger and disease. Using figures provided by UNICEF and UNDP, the editors of the IMF-World Bank Watchdog estimated that more than six million children under the age of five have died each year since 1982 in Africa, Asia and Latin America as a result of IMF / World Bank policies.

SAPs often carry heavy ecological costs as well. The forced privatization of nationalized industries and public or communal lands often opens Third World countries to opportunistic multinational corporations resulting in degraded (or destroyed) and polluted environments. Placing the emphasis on exports rather than local needs in a time of falling world commodity prices results in exploitation and depletion of oil, minerals, forests and other natural resources….

If the leaders of a country do not cooperate with the World Bank and IMF, the CIA and its Gladio Units step in and foment unrest and if needed assassination. So while the CIA is part of the mechanism, the ENFORCERS if you will, it is not running the show as Eric Carlson thinks.

As Colonel Towner pointed out, the funding of the CIA is ‘Off Books’ Some is from the USAID, but the CIA also makes a lot of its money pushing drugs and child sex trafficking. Just in case you were wondering, in 1914, Just after the Federal Reserve Act was passed, the Harrison Narcotics Tax Act was passed. It regulated and taxed the production, importation, and distribution of opiates and coca products.

Brief History of Drug Regulation

1906 Food and Drug Act

Congress passed the Food and Drug Act in 1906, which required the labeling of all ingredients in these patent medicines and cure-alls.

1914 Harrison Tax Act

By 1914, various groups wanted to ban various drugs. Congress and most Americans at the time thought that a ban of any drug was unconstitutional as our constitutional guarantee of liberty gave us the right to consume any product we wished (which is why the prohibition against alcohol required a constitutional amendment rather than merely a law). The plan was to ban drugs by making them nearly impossible to obtain. The law required that you must pay a tax on drugs. To ensure that the tax was collected, you had to get the drugs from a doctor via prescription (all prescriptions were therefore registered with the tax office which enabled the government to track which doctors were prescribing which drugs)

….

If we go back and look at the East India Company, it had its own army.

The Armies of the East India Company

The East India Company (EIC) was first England‘s and then Britain‘s tool of colonial expansion in India and beyond. Revenue from trade and land taxes from territories it controlled allowed the EIC to build up its own private armies, collectively the largest armed force in South and South East Asia.

The EIC mixed British and Indian soldiers (sepoys), hired regular regiments of the British Army, and funded its own navy, the Bombay Marine. The vast resources of the company allowed it to eventually employ over 250,000 well-trained and well-equipped fighting men. This force expanded the EIC’s domains, seeing off competition from Indian princely states, pirates, and other European trade companies.

This time around they have naive Americans funding their army via taxes (USAID) drug, child and weapons trafficking. It is nothing new, only the faces have changed.

East India Company and the Chinese Opium Wars

Opium for medicinal purposes was first manufactured in China toward the end of the 15th century. It was used to treat dysentery, cholera and other diseases. Not until the 18th century were there any accounts of opium smoking in China.

In 1729, the Chinese imperial government, alarmed at its debilitating effect, prohibited the sale of opium mixed with tobacco and banned opium-smoking houses. Selling opium for smoking “was classed with robbery and instigation to murder, and punished with banishment or death,” wrote Joshua Rowntree in “The Imperial Drug Trade,” published in London in 1905…

Britain’s East India Company would wage three wars on the people of China in order to secure the right to sell opium there….

They were the world’s first drug wars. Their sole purpose was to secure the importation of an addictive substance that provided a bountiful flow of profits.

Opium sales had risen gradually from 2,330 chests in 1788 to 4,968 chests in 1810. But once the British got a monopoly, they forced it up to 17,257 chests in 1835, worth millions of British pounds.

Britain’s governor-general of India wrote in 1830, “We are taking measures for extending the cultivation of the poppy, with a view to a large increase in the supply of opium.”….

The Chinese are now returning the favor by pushing fentanyl into the USA. At least according to the CIA controlled Mockingbird Media.

Finally these are other articles I have written that describe some of the threads I am trying to pull together to determine who actually rules the world.

History of Khazaria

The Rothschilds

False Flags, Pedos & Satanists

Spies, Spooks, Snakes and The Sea Eye Aye

China, Opium, the Triads and the British East India Co.

KMAG 20250108 Rewriting The Constitution

I mentioned in last Wednesday’s article that I fell down an interesting rabbit hole, more like a rabbit warren, when looking in my notes for info on the John Maynard Keynes link to the Fabian Society.

This is the comment in my notes that started my latest journey.

jdseanjd says:

March 6, 2014 at 6:13 am

Nicely done, Gail, very neat. The nail rapped smartly on the head 3 times. I’ll raise you 137 years.

1st May, 1776, Rothschild commissioned a report on how to secure world domination:
Go to youtube & put in their search box : Whistleblower Head of FBI tells all from NWO 1 hr 4 mins.

Or try the ref, it might work :
http://www.youtube.com/watch?v=do_swOstGaI [It still does work surprisingly. – GC]
Ted L. Gunderson, ex head of FBI in LA, would not shut up about what he’d learned.
He wound up poisoned with arsenic.

Is the plan coming apart?
http://www.usawatchdog.com
& scroll down to the article: US Currency Weak and About to Crash. 02/12/2014 371 comments. ( which I haven’t had time to read. Karen is ex Chief Legal Counsel for the World Bank.

Is this lady the real deal, or is she full of it? Anyone?

(She is full of it.)

Jdseanjd References U.S. Currency Weak and About to Crash—Karen Hudes.

In the comments on that article is this link from 2014, Philosophy of Metrics which looks interesting.

ABOUT

Philosophy of Metrics is the methodology of understanding the world through patterns and processes. From the ancient philosophy of primitive man to the stock market today, there is a pattern in everything and anything. We but need to observe and recognize the macro and micro of it all.

One of the biggest patterns is the one of ignorance. We are subjected daily to methods of misdirection and direct obfuscation which serve to keep us blind to the realities that surround us.

Our modest intent is to lift the fog on the mysteries and allow some of these patterns to become visible, whereby we may better understand the world and our place within it.

I bring that comment up because it is the patterns and threads I am trying to follow since we now know our history as taught is bull schiff.

Back to Karen Hudes:

The video in that USA Watch Dog article is gone but I found this Utube: Karen Hudes on 1871 US Corporation, Gold, Homo Capensis, JFK Murder, Global Debt Facility & Bitcoin

I would say she is a Limited Hangout ⁽¹⁾ given the blurb from this Utube:

In 2007 Karen warned the US Treasury Department and US Congress that the US would lose its right to appoint the President of the World Bank if the current American President of the World Bank did not play by the rules. The 66 year old Gentlemen’s Agreement that Europe would appoint the Managing Director of the IMF and US would appoint the World Bank President ended in 2010
http://www.imf.org/external/np/cm/201… Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam
.

She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.

1871 US Corporation???

(30) Ashton v. Cameron County Water Improvement Dist., 298 U.S. 513, 56 S.Ct. 892 (1936):

State governments and their political subdivisions can’t use bankruptcy.
NOTE: A popular argument in movement circles contends that this whole nation was placed into bankruptcy in 1930 and Roosevelt devised a plan to get judicial approval of the “bankruptcy” via the decision in the 1938 Erie Railroad case. But how can such a legal theory fly in view of the decision in this case? — LIMITS OF CONGRESSIONAL POWERS – Constitution Org

A bit from the transcript of : Karen Hudes on 1871 US Corporation, Gold, Homo Capensis, JFK Murder, Global Debt Facility & Bitcoin (2015)

5:15 to 6:40

“…at a town hall meeting I said since John F Kennedy was assassinated by the Jesuits, and we know this because Gambino when he got out of jail said that the mafia were told by the Jesuits to fire the kill shot. There was a a mafioso hidden in a sewer so as the limousine drove by that’s that’s the shot that killed John F Kennedy.

Did you know for example that we had a second constitution in 1871 after the debts for the Revolutionary War came due and we couldn’t meet those obligations?That’s when we got a second Constitution. So that the United States is incorporated as a company. The president of the United States is the chief executive officer and the Congress acts like managers of the company rather than representing the constituency. Rather than respecting our first Constitution. This is understood by a number of people. There’s a lot of documentation on this. Now people are starting to spread the world word. You’re not going to get this in your universities. You’re not going to be taught this in the schools…”

She is spouting chaff meant to divert attention away from the CIA in my opinion. Why? I think it is because of these two whistle-blowers getting traction and because of the rise of the Tea Party Movement.

Mr. Budhoo’s Bombshell: A people’s alternative to Structural Adjustment

Summer 1995

“Today I resigned from the staff of the International Monetary Fund after over 12 years, and after 1000 days of official fund work in the field, hawking your medicine and your bag of tricks to governments and to peoples in Latin America and the Caribbean and Africa. To me, resignation is a priceless liberation, for with it I have taken the first big step to that place where I may hope to wash my hands of what in my mind’s eye is the blood of millions of poor and starving peoples. Mr. Camdessus, the blood is so much, you know, it runs in rivers. It dries up too; it cakes all over me; sometimes I feel that there is not enough soap in the whole world to cleanse me from the things that I did do in your name and in the name of your predecessors, and under your official seal. “

With those words, Davison Budhoo, a senior economist with the International Monetary Fund (IMF) for more than 12 years, publicly resigned in May, 1988. A native Grenadian, Budhoo received his degree from the London School of Economics. He joined the staff of the World Bank in 1966 and later shifted to the IMF, where he was responsible for designing and implementing Structural Adjustment Programs (SAPs) for African, Latin American and Caribbean nations. His 100-plus page open letter to Michel Camdessus, managing director of the IMF, titled “Enough is Enough,” sent shock waves around the world, making front page headlines in many countries (but not in the US).

Budhoo was the first person to break the IMF’s code of silence regarding internal affairs by exposing extensive statistical fraud carried out by the fund in Trinidad and Tobago during 1985-1987….

The other was Confessions of an Economic Hitman – describing how as a highly paid professional, John Perkins helped the World Bank. cheat poor countries around the globe out of trillions of dollars by lending them more money than they could possibly repay and then take over their economies. Also note that the finger is pointed at the USA (to generate hatred of the USA) and not the REAL culprit, the globalists.

Confessions of an Economic Hit Man:

How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions

“….He was an amazing man, Torrijos. And so, he died in a fiery airplane crash, which was connected to a tape recorder with explosives in it, which—I was there. I had been working with him. I knew that we economic hit men had failed. I knew the jackals were closing in on him, and the next thing, his plane exploded with a tape recorder with a bomb in it. There’s no question in my mind that it was C.I.A. sanctioned, and most—many Latin American investigators have come to the same conclusion. Of course, we never heard about that in our country.…” Democracy Now Org 2004

The IMF/World Bank uses Structural Adjustment Policies, SAPs, to open up countries to exploitation by corporations. Instead of a British Empire overtly colonizing the world — heavily criticized by a voting public — we have Corporate and Banking interests united in the covert control of whole nations in the name of profit….

Structural Adjustment Program 2000

(There have been 249 captures of this article by the Wayback!)

Structural Adjustment Policies are economic policies which countries must follow in order to qualify for new World Bank and International Monetary Fund (IMF) loans and help them make debt repayments on the older debts owed to commercial banks, governments and the World Bank. Although SAPs are designed for individual countries but have common guiding principles and features which include export-led growth; privatisation and liberalisation; and the efficiency of the free market.

SAPs often result in deep cuts in programmes like education, health and social care…

By devaluing the currency and simultaneously removing price controls, the immediate effect of a SAP is.. that riots are a frequent result….

“…privatisation and liberalisation; and the efficiency of the free market...” Those are just the feel good words the Global Cabal uses to hide what they are actually doing. I will get into that in the next article.

>>>>>>>>>>>>>>>>>>>>>>

The second rabbit ~~hole~~ warren from this comment, — Ted L. Gunderson, Whistleblower Head of FBI — deserves its own separate article so I will address it next week.

>>>>>>>>>>>>>>>>>>>>>>

Rabbit hole #3

The Lord moves in mysterious ways. He even drags an agnostic such as myself, to the truth, on Sunday no less.

I remembered an article talking of the Supreme Court case that allows the bureaucracy to MAKE law. The federal Register and 30 day comment period was the fig leaf for “consent of the governed” blessed by that Supreme Court case. A few days ago I went looking for that info and all I could find was the happy horse schiff from the Federal Reserve, March 14, 1936 — March 14, 2006

On December 10, 1934, at the Supreme Court, the Assistant Attorney General of the United States had been grilled during oral arguments in the first case to reach the Court challenging the constitutionality of the centerpiece of President Roosevelt’s “New Deal” — the National Industrial Recovery Act (NIRA). The critical constitutional issues at stake were mostly ignored that day while the Justices focused on the fact that the defendants, two Texas oil companies, had been charged with violating a provision of regulations that technically did not exist at the time the companies were charged.
The defects in the case highlighted a fundamental problem facing a democratic government that was exploding with new agencies and new regulations. Amidst the ferment of orders and codes issuing from agencies, even individuals working at the highest levels of government found it difficult or impossible to keep track of all of them. And for the regulated public, this new body of “executive legislation” was inaccessible and virtually hidden. The next day, at the White House,
where the great men of the New Deal [You mean Commie TRAITORS don’t you?…] had been arguing over the value of publishing a gazette containing the orders issued by Executive Branch officers, President Roosevelt laid aside his misgivings about possible misuse of the publication for propagandistic purposes and appointed a committee of the National Emergency Council to make a special study of the idea. Meanwhile, behind-the-scenes maneuvering by lawmakers and influential legal minds, including Supreme Court Justice Louis Brandeis, culminated in the publication on December 11, 1934 of a Harvard Law Review article by, Ervin Griswold entitled “Government in Ignorance of the Law –
A Plea for Better Publication of Executive Legislation.”
The arguments Griswold made for orderly publication of the official actions of the Executive Branch were underlined when the Supreme Court issued its opinion in the Panama Oil case and forced the hand of the committee studying the issue for President Roosevelt. Congress passed legislation to create the Federal Register, and the President signed it into law (Pub. L. 74-220, July 26, 1935). The Act created a lasting partnership between the National Archives and the Government Printing Office. The Archivist of the United States, acting through a Division in the National Archives, was charged with custody of and, with the Public Printer, prompt and uniform printing and distribution of public documents in a publication designated the Federal Register…

In those notes on the Fabians, I had this but not the Utube I got it from:

Min 1:00 — 3:38

On the interpretation of two main clauses of the constitution, the first is the commerce clause which delegates to congress the authority to regulate commerce among the states. The second is the necessary and proper clause which provided for the congress to have the powers that are necessary and proper for carrying into execution the other powers, the explicit powers and unfortunately those words have been given a broader interpretation than was intended by the framers.

On my website constitution.org and on my blog constitutionalism.blogspot.com

I have a number of articles that examine the problems arising from this misinterpretation and the arguments and evidence for why the clauses should not be interpreted in that way. But this evening I’m going to focus on the line of supreme court presidents that led to where we are today. There are 44 main supreme court presidents. There are many more cases than that, but most of those others cite one or more of these 44 cases. So if one were to overturn these 44 cases, and in fact you wouldn’t need to overturn all of them, if you overturned the first few the rest would fall because the later ones are based on the earlier ones. But for the sake of completeness if one were to propose amendments to the constitution to overturn these bad precedents, which are about the only way they are going to get overturned, then it would be necessary to unravel them fairly specifically. And the way to word such an amendment is not at all obvious, it requires a good deal of analysis and thought and i hope to assemble teams of experts to work out the wording. For how to do that in the meantime i have proposed my own wording if on constitution.org you will find a link to constitutional amendments…

So I tried to find the video but could not and instead I fell down a very interesting rabbit hole leading to

Jon Roland: (Civic Curriculum Vitae)

His blogs

His videos: https://www.youtube.com/user/JonRoland1787

Gee! I think those are the Droids I was looking for! And WOW what a treasure trove of information on the Constitution. Linked below are just two of the goodies at that website.

Abuses and Usurpations

“𝕋𝕙𝕖 𝕔𝕠𝕟𝕥𝕖𝕤𝕥 𝕚𝕤 𝕟𝕠𝕥 𝕓𝕖𝕥𝕨𝕖𝕖𝕟 𝕌𝕤 𝕒𝕟𝕕 𝕋𝕙𝕖𝕞, 𝕓𝕦𝕥 𝕓𝕖𝕥𝕨𝕖𝕖𝕟 𝔾𝕠𝕠𝕕 𝕒𝕟𝕕 𝔼𝕧𝕚𝕝, 𝕒𝕟𝕕 𝕚𝕗 𝕥𝕙𝕠𝕤𝕖 𝕨𝕙𝕠 𝕨𝕠𝕦𝕝𝕕 𝕗𝕚𝕘𝕙𝕥 𝔼𝕧𝕚𝕝 𝕒𝕕𝕠𝕡𝕥 𝕥𝕙𝕖 𝕨𝕒𝕪𝕤 𝕠𝕗 𝔼𝕧𝕚𝕝, 𝔼𝕧𝕚𝕝 𝕨𝕚𝕟𝕤.”

Find out just what the people will submit to and you have found out the exact amount of injustice and wrong which will be imposed upon them; and these will continue until they are resisted with either words or blows, or with both. The limits of tyrants are prescribed by the endurance of those whom they oppress. — Frederick Douglass, civil rights activist, Aug. 4, 1857

Any power that can be abused will be abused. — Tyranny Law #1

Abuse always expands to fill the limits of resistance to it. — Tyranny Law #2

If people don’t resist the abuses of others, they will have no one to resist the abuses of themselves, and tyranny will prevail. — Tyranny Law #3

Usurpations

Usurpation is the exercise of powers by an agent which have not been delegated to him by the principal. In a constitutional republic like the United States of America, acts by officials are legitimate only if they are consistent with and based on a constitution, a body of laws which are superior to all subsequent statutes and other acts of officials, which embodies all delegations of power, and which may recognize certain rights to further define the limits on the powers delegated. It is a fundamental principle that all acts of officials not derived from the delegated powers of the constitution are null and void from inception, not just from the point at which a court may find them unconstitutional. Every person who has an encounter with the acts of officials has the duty not only to obey legitimate official acts, but to help enforce them, but, when there is a conflict among acts of officials, to enforce the superior one, which, when an act of an official is in conflict with the constitution, means enforcing the constitution and not the act in conflict with it. Judges and other citizens do not decide constitutionality, but discover it, and every person who is involved with any act by an official has a nondelegatable duty to make a determination of the constitutionality of that act. This determination is called constitutional review, and, when exercised by a judge in a case, judicial review.

Since the ratification of the Constitution for the United States and each of its properly ratified amendments, there have been numerous acts by officials, including statutes, regulations, executive orders, court rulings, and ordinary decisions and actions taken while on duty and under color of law, which have been unconstitutional, and in many cases, in violation of civil rights of persons and of constitutional laws. We will try to identify some of the worst of such violations of the Constitution, and discuss how compliance with the Constitution can be restored.

Then follows over 50 links to other articles and documents.

….
His Constitution.org site also had this with 25 articles referenced:

Nondelegation and the Administrative State

The doctrine of nondelegation is explicit or implicit in all written constitutions that impose a structural separation of powers. It is usually applied in questions of constitutionally improper delegations of legislative powers to executive branch officials, but may be more broadly applied to questions of improper delegations of legislative powers to judicial officials, improper delegations of judicial powers to legislative or executive officials, improper delegations of executive powers to legislative or judicial officials, improper delegations of legislative or judicial powers to clerical subordinates within their branches, or improper delegations of legislative, judicial, or executive powers to private parties, or improper delegations of private powers to public officials. Although it is usually constitutional for executive officials to delegate executive powers to executive branch subordinates, there can also be improper delegations of powers within an executive branch.

Finally, there is the broadest application of all, the nondelegation from the people of a power to any officials in a constitution, the principle of which is set forth in the Tenth Amendment to the U.S. Constitution.

An example of one of the documents referenced in this article:

Reviving the Sleeping Nondelegation Doctrine — USLaw.com

Congress sometimes has a habit of passing laws with very broad mandates, then leaving it up to administrative agencies to fill in all of the policy details later.

In the 1930s, the Supreme Court blew the whistle on this practice, finding several times that Congress could not give away lawmaking powers vested in it by Article I of the Constitution. In 1935 in Schechter Poultry Company v. U.S., for example, the court struck down parts of the National Industrial Recovery Act, which essentially delegated legislative powers to administrative agencies and private parties to write rules to govern the American economy. Congress had given only the vaguest guidance as to how to do it–ensuring “fair competition.”

The principle that Congress could not delegate away its Article I lawmaking powers to administrative agencies came to be known as the “nondelegation doctrine.”

Six Decades of Dormancy

For six decades the nondelegation doctrine has pretty much been asleep. In 1980, in Industrial Union Dept AFL-CIO v. American Petroleum Institute, then-Associate Justice William H. Rehnquist summarized the three main functions of the nondelegation doctrine: it guarantees that key social policy decisions will be made by Congress, it ensures that administrative agencies get an “intelligible principle” by which to exercise their discretion, and it guarantees that courts reviewing administrative actions will have ascertainable and meaningful standards against which to judge them.

But no court has dared question a legislative enactment as a violation of the doctrine for a long time –that is, until the U.S. Circuit Court of Appeals for the District of Columbia rendered its decision last year in American Trucking Association v. Environmental Protection Agency. There, the court found that the EPA’s “construction of the Clean Air Act. . . in promulgating the NAAQS (National Air Ambient Quality Standards) effects an unconstitutional delegation of legislative power.” The court said that, in delegating so much power to the EPA to decide clean air rules, “it is as though Congress commanded EPA to select ‘big guys,’ and EPA announced that it would evaluate candidates based on height and weight, but revealed no cut-off point. The announcement. . .is fatally incomplete. The reasonable person responds, ‘How tall? How heavy?'” With this vivid analogy, the nondelegation doctrine sprung back to life.

Revived or Put Into Deeper Sleep?

Or did it? The problem with the D.C. Circuit’s so-called “revival” of the nondelegation doctrine is that it looks a lot more like a burial. The court’s tortured formulation of the problem makes no sense. It is not the EPA’s construction of the statute that effects an unconstitutional delegation; it is Congress’ statute itself. EPA’s construction of the statute cannot determine, much less cure, its constitutionality. Yet, having made this fundamental error, the court follows through on it by remanding the case to the EPA to come up with an “intelligible principle” that will, amazingly, somehow magically cure the statute of its unconstitutionality. But how can an agency rewrite a congressional statute to make it constitutional?….

Another interesting reference is:

LEGAL ORIGINS OF THE MODERN AMERICAN STATE by William J. Novak1

𝕋𝕙𝕖 𝕥𝕣𝕒𝕟𝕤𝕗𝕠𝕣𝕞𝕒𝕥𝕚𝕠𝕟 𝕠𝕗 𝕥𝕙𝕖 𝕊𝕥𝕒𝕥𝕖 𝕚𝕤 𝕒𝕝𝕤𝕠 𝕥𝕙𝕖 𝕥𝕣𝕒𝕟𝕤𝕗𝕠𝕣𝕞𝕒𝕥𝕚𝕠𝕟 𝕠𝕗 𝕚𝕥𝕤 𝕃𝕒𝕨.
— Léon Duguit ( 1913)

Between 1877 and 1937 (between the formal end of Reconstruction and the formal constitutional ratification of the New Deal), the American system of governance was transformed with momentous implications for twentieth-century social and economic life. Nineteenth-century traditions of self-government and local citizenship were replaced by a modern approach to positive statecraft, individual rights, and social welfare very much with us today…. By “The Creation of the American Liberal State” I mean to suggest that the period from 1877 to 1937 was not just an “age of reform” or a “response to industrialism” or a “search for order” (Hofstadter 1955; Hays 1957; Wiebe 1967). Rather, it was an era marked by the specific and unambiguous emergence of a new regime of American governance — the modern liberal state…. the very origins of modern social-scientific inquiry in the United States were wholly coincident with and participatory in the construction of the new state-centered socio-economic policies of the progressive era…

The Progressive Discovery that Law Obstructs Politics

It is easy amid the rapid shifts in contemporary intellectual fashion to forget the long and pervasive hold of “progressive historiography” on American thought during the first half of the twentieth century (Hofstadter 1968; Benson 1960; Horwitz 1984). From the turn-of-the-century through the late New Deal, American political and economic development was interpreted primarily through the filter of intellectual categories developed in contests over progressive reform in the early twentieth century….

The confrontation between FDR’s New Deal legislation and Supreme Court constitutional review breathed new life into the progressive critique of law. In 1938… Benjamin Twiss began his Lawyers and the Constitution: How Laissez Faire Came to the Supreme Court (1942) as a direct response to the “revolution of 1937″ and as a direct attack on the “Four Horsemen” of anti-New Deal judicial apocalypse: Justices Van Devanter, McReynolds, Sutherland, and Butler. Twiss’s story about law and the New Deal re-deployed the stock figures and simple morals of a mature progressive historiography…

𝔸𝕞𝕖𝕣𝕚𝕔𝕒𝕟 𝕡𝕣𝕠𝕘𝕣𝕖𝕤𝕤𝕚𝕧𝕖𝕤 𝕗𝕖𝕝𝕥 𝕥𝕙𝕒𝕥 𝕥𝕙𝕖𝕚𝕣 𝕝𝕖𝕘𝕚𝕤𝕝𝕒𝕥𝕚𝕧𝕖 𝕒𝕘𝕖𝕟𝕕𝕒 𝕨𝕒𝕤 𝕥𝕙𝕣𝕖𝕒𝕥𝕖𝕟𝕖𝕕 𝕓𝕪 𝕒 𝕊𝕦𝕡𝕣𝕖𝕞𝕖 ℂ𝕠𝕦𝕣𝕥 𝕒𝕟𝕕 𝔸𝕞𝕖𝕣𝕚𝕔𝕒𝕟 𝕛𝕦𝕣𝕚𝕤𝕡𝕣𝕦𝕕𝕖𝕟𝕥𝕚𝕒𝕝 𝕥𝕣𝕒𝕕𝕚𝕥𝕚𝕠𝕟𝕤 𝕙𝕠𝕤𝕥𝕚𝕝𝕖 𝕥𝕠 𝕣𝕖𝕘𝕦𝕝𝕒𝕥𝕚𝕠𝕟, 𝕣𝕖𝕕𝕚𝕤𝕥𝕣𝕚𝕓𝕦𝕥𝕚𝕠𝕟, 𝕒𝕟𝕕 𝕣𝕖𝕗𝕠𝕣𝕞. 𝕀𝕟 𝕣𝕖𝕤𝕡𝕠𝕟𝕤𝕖 𝕥𝕙𝕖𝕪 𝕒𝕤𝕤𝕖𝕞𝕓𝕝𝕖𝕕 𝕒𝕟 𝕦𝕟𝕡𝕣𝕖𝕔𝕖𝕕𝕖𝕟𝕥𝕖𝕕 𝕡𝕠𝕨𝕖𝕣𝕗𝕦𝕝 𝕒𝕟𝕕 𝕡𝕠𝕝𝕖𝕞𝕚𝕔𝕒𝕝 𝕒𝕤𝕤𝕒𝕦𝕝𝕥 𝕠𝕟 𝔸𝕞𝕖𝕣𝕚𝕔𝕒𝕟 𝕔𝕠𝕟𝕤𝕥𝕚𝕥𝕦𝕥𝕚𝕠𝕟𝕒𝕝𝕚𝕤𝕞.

Behind the progressive mythology of negative laissez-faire constitutionalism lies an alternative story of law’s positive force in producing a modern state in America. And contrary to oddly influential European proclamations of the weakness and incompleteness of that state, the obvious empirical reality is that the story of the twentieth-century American state is about the creation of a most powerful geo-political entity. That entity, which has wielded staggering global influence in the twentieth century, was patently not the simple outgrowth of possessive individualism or the protection of private rights of property and contract or a governmental willingness to “leave alone.” It was the product of a continuous and energetic process of statebuilding…

“..the obvious empirical reality is that the story of the twentieth-century American state is about the creation of a most powerful geo-political entity… It was the product of a continuous and energetic process of statebuilding….”He leave out the tiny little fact that the USA was transformed into the British Empire’s Front Man and Cannon Fodder after the passage of the 1913 Federal Reserve Act. We have been fighting Banker Wars ever since.

“All Wars Are Bankers Wars” (45 minutes)

One of the references cited in the above article is this 1938 book:

Court over Constitution: A study of judicial review as an instrument of popular government by Edward S. Corwin 1938.

I am not about to buy the book but I did find this thanks to Yandex. Brave only had one pointer. It was to “Good Reads’ with no info. Not even a review.

In trying to find more about that book I was led to:

FEDERALIST NO. 78 AND BRUTUS’ NEGLECTED THESIS ON JUDICIAL SUPREMACY

It is noteworthy that whenever Marbury v. Madison is discussed in works on constitutional law, text books or case books, reference is invariably made to Alexander Hamilton’s discussion of judicial review in Federalist No. 78 as an early indication that the principle was regarded as a fundamental part of the system of government set up under the Constitution. Surprisingly, these works, almost without exception, fail to refer to the Antifederalist Letters of Brutus to which this number of the Federalist Papers constitutes a response. This is a regrettable omission since No. 78 cannot be properly understood except in the context of Brutus’ charge that the Constitution provided, not only for judicial review, but for judicial supremacy….

What concerned Brutus, in the first instance, was the use to which the court would apply judicial review in the service of national consolidation and how this would threaten the independence and survival of the states. The judicial power, Brutus warned, would operate to affirm and legitimate all the invasions of state power committed by the national legislature. “The real effect of this system of government, will … be brought home to the feelings of the people, through the medium of the judicial power.”

….Brutus went on to point out another crucial distinction between the British and American systems of government – the ability of Parliament to severely restrict the broader impact of an unwarranted and inappropriate judicial interpretation of the constitution – a power entirely lacking to the U.S. Congress.

The supreme court then have a right, independent of the legislature, to give a construction to the constitution and every part of it, and there is no power provided in this system to correct their construction or do it away. If, therefore, the legislature pass any laws, inconsistent with the sense the judges put upon the constitution, they will declare it void; and therefore in this respect their power is superior to that of the legislature. In England the judges are not only subject to have their decisions set aside by the house of lords, for error, but in cases where they give an explanation to the laws or constitution of the country, contrary to the sense of the parliament, though the parliament will not set aside the judgment of the court, yet, they have authority, by a new law, to explain a former one, and by this means to prevent a reception of such decisions. But no such power is in the [U.S.] legislature. The judges are supreme-and no law, explanatory of the constitution, will be binding on them.

The end result was that,

(t]here is no power above them to controul any of their decisions. There is no authority that can remove them, and they cannot be controuled by the laws of the legislature. In short, they are independent of the people, of the legislature, and of every power under heaven. Men placed in this situation will generally soon feel themselves independent of heaven itself.

Thus one can understand why George Soros targets judges and state attorneys general. People who fly under the radar of most people but who wield tremendous power.

Rights, Powers and Duties

On every question of construction [of the Constitution] let us carry ourselves back to the time when the Constitution was adopted, recollect the spirit manifested in the debates, and instead of trying what meaning may be squeezed out of the text, or intended against it, conform to the probable one in which it was passed.
— Thomas Jefferson (1743-1826), letter to Judge William Johnson, (from Monticello, June 12, 1823)

If, in the opinion of the people, the distribution or modification of the constitutional powers be in any particular wrong, let it be corrected by an amendment in the way which the Constitution designates. But let there be no change by usurpation; for though this, in one instance, may be the instrument of good, it is the customary weapon by which free governments are destroyed.
— George Washington, Farewell Address, 1796

Do not separate text from historical background. If you do, you will have perverted and subverted the Constitution, which can only end in a distorted, bastardized form of illegitimate government.

I am going to again post the URL of another Constitutionalist, “Publius Huldah” the nom de guerre of Joanna Martin, J.D.

⁽¹⁾Footnote: LINK to article about Victor Marchetti, former senior CIA official, who wrote a book exposing CIA deceptions. The CIA remove 399 passages, nearly a fifth of the book. That article defines ‘Limited Hangout’ thus:

American Stories: Thanksgiving Edition – Welcome To The Golden Age

We are living long enough to witness something that does not appear to have been done before. Ever. It is time to give thanks for it.

In the history of the world it is likely that there has never been a dominating empire whose government was a representative republic of private citizens. Governments appear to have always been in authority over the people with the support of the elites and powerful – the ruling class. The people were the subjects of the government. That is not true for Americans per our founding documents. America is the beneficiary of the providence of God through the vision of our forefathers who acted against oppression and sought a better way.

Which is why oppressors have attempted to destroy us internally and externally since conception. This has led to the current awakening of the majority of American citizens after decades of deception and corruption. The first response to this awakening led to the events of November 8, 2016. It was a shot over the bow at the oppressors, traitors and seditionists. The war had begun for the soul of America.

Fast forward.

November 5, 2024

We all know what happened after Donald Trump won the presidency in 2016. There is no point in rehashing it or discussing many of the things and people involved behind the scenes and in front of the cameras. There are devils and demons everywhere. Most do not even realize that is who they are. We just seem to forget at times there have been many patriots and heroes working against them. Which has led to positive changes for average citizens even with the DC instigated chaos created against President Trump during the first term.

Over the years a complete disconnect from the desires of the citizens has infected many politicians and their unelected administrative minions. That ends now. Politicians who go with business as usual will be isolated by the executive branch and We the People, then voted out of office or otherwise identified as enemies of the people. Their administrative state cronies are going out the door with them. The reason that will happen over the coming years is because We the People have seen the strings and we cannot unsee them. Citizen journalists have taken over to inform us and transparency reigns. To maintain their credibility these sources of information have to disclose the facts and evidence. They are not dependent on advertisers to cover the massive overheads and compensation of the propagandist talking heads in the fake news industry. As a result they are nimble, close to the people and operate without filters for the most part.

To be sure, MAGA will still need to vet the citizen journalists. Some can be influenced and bought like their fake counterparts. However, We the People know we should do that now and as a result will sort out the posers much more quickly and efficiently. That is a profound change from past practice.

A little alphabet letter birdie hooked many of us and sent us on a journey we will never forget.

WWG1WGA.

We the People have become emboldened by having a popular supposed felon’s back, President-Elect Trump, and staring down the enemy no matter the threats and potential costs. As a result it is time to discuss some major parts of this American reconstruction period we will be seeing now that the bigger war is trending toward a successful, “winning” conclusion.

World Cooperation

Respect oozes out of world leaders for Donald Trump and normal American people. They really don’t want to cross him, they want to make deals and find ways to work together. They know he is a man’s man. Look what is already happening worldwide and the man is still two months away from going back to the White House. They know he is not a politician. He is a pragmatic businessman icon with a true vision of what is best for America, which consequently improves all of their situations if they play their cards right. A rising tide lifts all boats. POTUS-Elect Trump understands win-win and will not go with win-lose unless it is the opponents who are losing and they are enemies of We the People.

Peace is returning. Business expansion and better living conditions are on the way. The world will become more secure, predictable…and happy.

World Economics and Politics

If you move your investments out of the stock market because Trump won you may be certifiably insane. Even his enemies are jumping on for that ride.

Multi-polarity is a real thing. The USMCA and all of his bi-lateral trade agreements with world governments from the first term have already informed you. His acceptance and acknowledgement of BRICS+ is further evidence as is his open acknowledgement and acceptance of a place for crypto. Where you will likely see a slow down in BRICS+ development plans is their move away from the dollar as the basis of the world economy. Vlad and Russia have already indicated their willingness to deal in dollars. President- Elect Trump is going to go after reestablishment of the dollar as the world’s currency with fervor. Investing in America will be cool again.

With multi-polarity we can expect North America to become a more cohesive economic system with greater cooperation from Mehico and Canada. Mehico will act tough and independent at times, but it is all bluster. They know they are toast without us as 25% of their economic production is sold into America. The cartels eventually will be the losers, nothing more than rogue bands of criminals that will be disposed through greater cooperation between agencies and military. Mehico really has no choice. The off the books dark money that funded them through the clowns and other seditionists will be drying up over time with DOGE and Bobby at HHS. Mehico is on notice as are many South and Central America nations who have opened their doors to China’s fentanyl as well as other drug and human trafficking trades.

The NWO and its Barry/Brandon Show overstepped their way into blowing Germany out of being a serious contender for world leadership through their continued support of Islamic immigration (invasion), fascism and Nazis. If Trump pulls back militarily from that country or deemphasizes NATO they will be at bankruptcy. So guess who is going to be buying energy from America and making other concessions? There is no European Union of note without a strong Germany. The Germany and EU that remains will be greatly weakened due to the stupidity and corruption of their leaders, other than the few who have been solidly in Trump’s’ camp for some time like Orban. It should spawn positive change from within the EU over time.

The Muslim Brotherhood is done as are their American promoters, Barry and Cankles, except in their own backyard. No mo money for scum buckets. The Saudis have also strongly assisted with that. Iran is already in retreat mode, cozying up even closer to Vlad, who PDT gets along with well. All of it means stability in world markets. That means there is money to be made for those with investment funds, 401(k)’s and such. With personal income tax rates on a downward trend as a percentage of income, the average working men and women are going to have opportunities to recover from Brandon’s inept criminal appointment as POTUS and improve their financial situations. Say hello to a larger, more well heeled middle class who will become prime, MAGA GOP voters. My advice is to seize on the opportunity.

As far as daily life goes expect lower energy, grocery, and household item prices compared to household incomes. Incomes overall will rise. Employers will be competing hard for sufficient quality staffing with the significant reduction of illegals, stiffer immigration procedures and the element of depop still being felt. That drives up wages and benefits for everybody. There is more money to be made in investments as well as to use with larger purchases with a lowering percentage of cash outflow compared to income, so expect housing and the automotive industry to take off again. We know the drill, we lived it for four years in Trump’s first term. Banks will be lending again because times will be good. That industry will have good profitability and they will lose their fear of bad times as regulators loosen the grips that Brandon’s economic control thugs wielded.

Which makes the propagandist diatribes against efforts to curb illegal immigration even more ridiculous than it is. America is going to need millions more workers in various trades including housing and agriculture. Well vetted worker visas will be a valuable tool to assist. That will make it even easier for our citizen hispanic population to continue their moves toward the GOP. In reality they have far more in common with the MAGA GOP than the Dems.

The difference in big picture this time around is the looming defeat of the old WEF/NWO fraudsters. They are in full retreat worldwide and threats to their existence will accelerate. Many people are hedging their bets, expecting the heavy shoe of these criminals to drop because it has happened before. I call that emotion the Battered Normie Syndrome (BNS). I am and have not been in that camp, I am too contrarian to ever give in to criminals.

In my opinion there may be setbacks, but nothing that MAGA will not overcome. The left has no bench of political candidates except in economically and culturally declining blue crapholes. There is literally nobody who can galvanize existing and create additional support on a national level. The Bob Casey loss in PA was ground shaking for them and reveals cracks in even Gov. Shapiro’s armor, who was their next star. It revealed that a growing majority of the people in the rust belt who were formerly in their camp are over them. These leftists are devoid of solid, potentially productive ideas. They only run against people and stuff using tired fear porn phrases with nothing new to add. Their tired old socialist and communist strategies are falling on more deaf ears now. More people are waking up that have traditionally always pulled a donkey tail. They are realizing as the T-shirts say, “Life is Good”, and rejecting the death advocates. They will find that life is indeed good on the right side of history. MAGA folks blew the criminals off long ago.

Conversely the GOP is deep with MAGA candidates on the federal and state office level with more in development at the local. It is not even close. As a result when the BNS folks start reaping more of the benefits it will be eye opening and stick. Some have already learned to believe nothing the propagandist media tells them. The election this month proved it. Fake polls, politician endorsements (except for Trump) and the views of condescending rich celebrities are not the influence they once were. They heard the pronouncements of the pending Harris/Dem victories and watched as the election results revealed the lies. The blue wall crumbled like a cookie because real people tossed out convention and tradition for practical help and the hope for better. The propagandist TV ratings are tubing, many people are no longer watching them and fewer folks believe what they hear.

Continued pressure on election cheating and using the courts to effect change will increase the margins of victory over time. Who does not know there are still 20+ million fraudulent leftist votes in the federal election system? Watch the totals and percentages gradually dwindle down for the criminals with more judicial screw turning for election security along with the illegals hitting the trails, roads and airways home.

Many such factors lead to my opinion that you bet bullish on America with your personal finances and through living well. Expect America to create a rising tide to lift our international business partners. This is why I posted a few years ago to reduce your debts. You needed to conserve cash for investing. You needed to go conservative in the retirement plan to be in position to be more aggressive with your investment choices today.

We have arrived at our long desired and anticipated destination.

In America there is one fundamental principle of existence in play. It is that our personal views on life itself matter. Desire abundance and life? Choose MAGA GOP. Prefer scarcity and death? Choose Dem/RINO. People’s choices with this principle reflect who they are. Believe them. Our role is to teach others who will listen and consider a better way while making disciples for MAGA. Give no quarter to those who refuse to listen or remain in the Dem/RINO camp politically. Shut them down with truth.

In The Weeds

First, if you are not knowledgeable or want a review of economic indicators, please read the summary link below. It will help.

https://www.investopedia.com/articles/personal-finance/020215/top-ten-us-economic-indicators.asp

Now, for the nerds – I ignore the CPI index for understanding inflation. It has been rigged for decades along with many statistics quoted in the lamestream business reports. As government has become more and more politicized (corrupted), so have the statistics. Which is why they always revisit them a few months or years later and restate. These restatements are nearly always negative adjustments from what leftist leaders initially report. Fact.

Instead I focus on the personal consumption expenditures price index (PCE) from the Bureau of Economic Analysis. CPI runs higher than PCE. I focus on PCE because the Federal Open Market Committee (FOMC) uses it more to make recommendations to the Federal Reserve on inflation pressures, to which the Fed reacts and typically concurs. PCE is not immune to their tinkering, just less so. It gives a better picture of what consumers are actually facing. So if you want to know what to expect and why from the Fed, monitor that index and see how the Fed views it in their communications. Below is a good recent summary from the Cleveland Fed. The index is viewed in the same manner by most Fed banks.

https://www.clevelandfed.org/center-for-inflation-research/consumer-price-data

Now for the fun part, what games will Trump play with Powell and the Fed until he replaces him? We know it will lead to more honest representations of the data and approaches of the Fed, Treasury, Commerce, etc. use. It will all become real again instead of the Kabuki Theater we see now. I will not address what I believe happens to the Federal Reserve System itself long term. I believe it will take a POTUS term beyond our President-Elect for a permanent solution.

Now as to the current view…

One financial analyst’s opinion is below. You will note that he is educated guessing while trying to draw comparisons and utilizing very little understanding or referencing to the absolute meat cleaver Trump is going to take to government spending through DOGE and HHS among other departments in government.

https://www.ft.com/content/49af1a6a-0817-42a1-b9e4-1455fc657ccb

I admire his willingness to guess, albeit dumbly and without the use of tea leaves in my opinion.

To illustrate: Assume your personal family situation is as a working married couple with a large mortgage, car payments and kids in school. You go into work one day and there is a letter for you or the spouse that states one of you is out of a job from a layoff, company closure, whatever. (As a side note, I hope currently unknown large numbers of federally employed administrative azzhats receive said letter in January, but I digress.) Odds are with such a large hit to your family income coming, you will be faced with choices on what expenses to cut; possibly selling a car or house in a worst case. At the same time you find other costs you can reduce or eliminate like Junior’s Ivy League college expenses, and so on. You try to muddle through it the best you can and hope to find a decent job quickly to replace the lost income until better days come.

Now substitute the term “married couple” with “America” from the above. The mortgage and car payments are the national debt service. The kids in school are the social network needs of the citizens. The layoffs and job losses are obvious; thank you China and others via the globalists and other criminals who have no regard for America and the needs of our citizens. This is a result on the imbalance in trade.

I will provide a simple, practical example here for readers who do not know. If we buy more foreign goods than we produce and sell, more dollars are held in foreign hands. The globalists and political idgits claim those dollars return to America in the form of buying our nation’s debt, (Treasuries), real estate, etc. as investments. First off, that is no longer the case. Many nations who formerly invested heavily in our debt have drastically reduced their exposure or have divested due to our exploding deficits from spend crazy politicians. China would be high on that list, the nation we spend more for imported products than any other on earth. Dollars have been going out to them without an equal amount of dollars coming in to keep us in equilibrium. Second, why would anybody think it is a good thing to bring dollars back through the issuance of debt (Treasuries) and selling our land to foreign adversaries? We have to pay interest on all that debt, which compounds the problem. That negatively affects every single American. Yet, the politicians and propagandist media tell all of us daily it is a good thing and we will be fine.

Understand, our government will never borrow its way out of debt despite their continuing best efforts. Don’t get me started on the stupidity of our politicians and administrative state in going all in with Quantitative Easing. It causes my blood pressure to escalate too high.

So if any talking heads act like the deficit of the Balance of Trade is unimportant, turn off your TV or hearing aids. Our national leadership, as do many citizens, violate a principle of life that never changes. Proverbs 22:7 says, “The rich rules over the poor, and the borrower becomes the lender’s slave.” Our nation did this willingly with the rise of globalist influence within our federal government to rebuild nations destroyed by WW II. They saw it as an opportunity to gain huge wealth and power. They used the national treasury and wealth of We the People as their personal piggybanks and still do. Which is why they have tried to ruin and kill the head of the MAGA snake in their minds, President Trump.

He has been the rightful POTUS since 2016 as all MAGA knows. We know what the globalist criminals did and they hate us for it.

With this in mind let’s go back to the married couple example. It gets worse for you and your family. You see and now comprehend that America has more than stubbed its toe by electing the wrong leaders, or worse yet, a bunch of criminals who game the system and take over. You begin to comprehend that with their co-conspirators in the Fed they create even more inflation through printing money to handle globalist desires, proxy wars and scamdemics. You see what is good for them is bad for you and your children.

Your discomfort grows. The propagandists on the evening news tell you that the national debt service and expenses are rising well beyond the nation’s ability to repay by say… 2 TRILLION dollars a year. They say Social Security and Medicare are even threatened. So the Treasury borrows even more funds from foreign mafias with strings attached that clear the way for turmoil and wars worldwide. They tell you the government simply has to pass that stop gap continuing resolution for more money printing or else, GASP!, the federal government will have to shut down except for essential services as there may be a financial apocalypse on the horizon. They begin talking about raising taxes and booting the Trump era tax cuts when they come up for renewal in 2025.

All of this is happening while you as a family simply want to earn enough money to pay the bills, eat healthy and give a future worth living to your kids.

Get the picture now? That was our reality in America until the new sheriff, who is the old sheriff, who is the only righful sheriff; rode back into town. We really were at the edge of the cliff about to fall off as a nation. It is like going from darkness to light. Which is why the Blue Wall fell. Most voters there knew they had no choice, they could not continue to support status quo even if it meant mean tweets again and the propagandists bitching all of the time. They responded in a too big to rig fashion.

The declining establishment and fake news media will continue to beat that same drum even though their masters lost. It will not matter that things are different and better. They are prostitutes and know of no other way to make a living. However, the reality is they lost and they know it. No amount of subterfuge and stalling by RINO’s and such can prevent the inevitable changes that provide a Golden Age for America and its international friends. It is coming down the tracks like a freight train.

President-Elect Trump, JD, Elon, Vivek, Bobby and many others will show you where to invest. Listen to their words and believe their actions. You do not need anybody else to help you do that. Just know that you cannot borrow your way out of debt and cutting expenses will rarely be enough to complete that task as well. Those are actions that a mature to declining nation undertakes, which is who America was before this election. To turn things around America has to return to the growth cycle. President-Elect Trump has already told you how and has already done it before. This time it needs to be institutionalized such that our enemies cannot disrupt it.

Going to growth from decline means selling off non-essential assets, shedding debt, shedding non-essential unproductive payroll, shedding meritless activities, tossing needless regulations, and so on. It takes investment capital (tariffs), an increasing commercial (preferably industrial focused) tax base and global capital investors willing to make new investments (I see you, Scott Bessent and Howard Lutnick). It takes innovation and innovative people with outside the box thinking. It takes hard work as well as smart moves in the markets. It takes security agencies to reduce corporate spying and fraud to produce a more level playing field that is administered by law enforcement functions and the judiciary. Most of all it takes a federal government that serves the people and enables its citizens to succeed instead of the reverse, which is unlike what we have experienced in recent years.

A massive paradigm shift for America has occurred. Know it, act on it as applicable in your own lives.

Conclusion

I hope you have heard and seen all of that from the President-Elect and his inner circle. I know I have. I do not concern myself with second guessing his picks for the various cabinet roles. He has his reasons and if the wrong choice is made with any of them We the People will know it quickly and let him know about it. This time around he has a feel for the solid MAGA pulse, the authority to make the decisions and the apparatus to make the changes. No lawfare attempts to undermine him and supporters will succeed, just delay, so be patient. They did not succeed when he was a private citizen, they certainly will not now. The law has also changed in important areas such as with the Chevron Deference overturn. The SCOTUS has a Constitution supporting majority that will likely grow if the MAGA GOP can increase its involvement and Congressional dominance over the coming years.

I also know this approach and method works. We have followed this path for over two decades in Tennessee. We are not perfect, but we are definitely America First worthy. It came from We the People on the local ground level figuring things out, working hard, building alliances and consensus, building momentum that carried into the voting booths and the halls of our legislature and Governor’s office. Over time we gradually rooted the Dem and RINO influence and control out of our system of government. We have sustained via a super majority (75+%) in both House and Senate. We have a state Constitutionally required balanced budget as well as no personal income or estate taxes. The left tried to change them with amendments and were met with crushing defeats by the people because we have a secured election system and the Volunteer spirit in our bones. They no longer try because We the People made them pay for even attempting it – which was our “penalty” phase. Now when federal elections occur we know that at minimum over 60% of the statewide votes will be MAGA GOP. We still have a couple of RINO’s to root out, however, the only pockets of voter resistance are within blue crapholes in a couple of cities.

Our state was in the bottom third of the nation economically before We the People took over. For several years now our state has enjoyed a AAA bond rating from the agencies with a low tax burden on residents while issuing state record business license applications and strong growth in manufacturing. The government has a large rainy day fund and we offer free tuition and no fees to students attending community and technical colleges. These are all signs of a government serving the people as compared to being served.

Other than the long term leftist wacko in Memphis, Steve Cohen, all of our other eight elected officials in the House in DC are GOP to go with all key GOP state leaders. Senators Blackburn and Hagerty continue to perform well and fully support the MAGA movement with POTUS Trump’s endorsement. It should be clear to all of us that We the People simply need to trust the plan and do our parts all around the country as it is being done here and other MAGA states.

I believe in this nation of states, this republic. I believe the majority of Americans will return to a love of the Constitution along with freedom and liberty for all. That’s why I choose to ride with the America First…

Have a blessed Thanksgiving!

Is the Freedom to Deceive Others About the Quality of Food and Drugs Really a Freedom We Want?

A Simple but Nagging Question Brought to Us by RFK Jr., “Sudden Death”, Unnaturally Red Salmon, and My Dearly Beloved Cheese Balls

I must begin this discussion by admitting that I’m very pro-freedom – and that includes the freedom to conduct honest business without government intervention – which intervention would include taxes. In fact, I have tended, over my lifetime, to scoff at people who want to restrict business over what I generally regard as unfounded allegations of harm.

Thus, I approached the following video, and its enclosing article, with some skepticism. Please read and watch, if you have not already.

Senator Cory Booker Publishes Video Consistent with HHS Secretary-appointee Robert F. Kennedy Jr’s Take on Our Poisoned Food Supply

Cory Booker? Do they mean, lying, hoaxing, finger-wagging Marxist Cory Booker?

Cory Booker, ally of the Maoist Obama minion Kamala Harris, and assisting perpetrator of the Jussie Smollett lynching hoax?

(No, Michelle Obama and Jussie Smollett didn’t really say that when they were laughing. This is called a “meme”. It’s a form of propaganda and satire. In this case, it is responding to propaganda, fraud, and deception perpetrated by Jussie Smollett, Kamala Harris, and Cory Booker.)

THAT Cory Booker?

So what video would HE promote? More hoaxes and lies?

Let’s take a look. But color me skeptical.

OK – there is a lot to unpack here. This will take a while.

Some background. I am both a scientist, and a lover of the history of science. Far too many scientists are NOT lovers of the history of science, because if they were, they would realize how bad scientists are at spotting the wrongness of contemporaneous science. Which is ALL THE TIME.

And, that would include me. Thankfully, I have often discovered my own wrongness in science within my own lifetime. We’ll get to that, as we move along here.

Now the first thing that irritated me about this video, is the way coal tar is used as a lead-in to attack a food dye called tartrazine, a.k.a. Yellow Number Five.

It almost sounds like Robert F. Kennedy Jr. (RFKJ hereafter) is saying that tartrazine is obtained by draining it out of coal – or if not that, out of “coal tar”, which is somehow gotten out of coal.

Just a side point. Coal tar is a very useful substance, which is actually used as a medicine for treating skin problems.

So – just from the start, it’s not totally justified to demonize coal tar. Yet on the other hand, YES, thank you – hold the coal tar on my deli sandwich, please. It IS medicine, and can even cause cancer.

But FULL STOP. Back to the point. Tartrazine is not exactly “made from coal tar”. It is made from “organic” (carbon-containing) chemicals – basic organic chemicals – that can be made in a variety of ways, from a variety of things, including coal, petroleum, natural gas, biowaste, corn, soybeans, CO2 in the air, apples, healthy fruit – WHATEVER.

See what I’m saying? Tartrazine is being demonized by association. I was ready to bitchslap RFKJ here. Bear in mind that, years ago – before the COVID nightmare and revelations after that – I considered him a NUT – and would often say as much.

AND YET. If you know the history of science and organic chemistry, RFKJ has a point. A very valid point – in that association.

RJKJ clarifies in the video (3 min 6 sec) that tartrazine is now made almost entirely from chemicals which now come from petroleum – not coal tar. However, that original time period – the coal tar days – has something to teach us.

The discovery of synthetic dyes like tartrazine was back when mankind was in a state of “chemical hubris” not unlike the “biological hubris” of current times.

In the same way that we now look back and face-palm at the “irrational exuberance” of early organic and medicinal chemistry, which gave us the hormonal poison diethylstilbestrol (DES), injected into millions of pregnant women before we realized that it damaged their daughters, so we will one day look back at the “clot shot” – marveling at the combination of ignorance (most people), hubris (most scientists), and – behind layers of global governmental denial – malevolent or warped benevolent depopulation do-gooderism (top-secret scientists and psychopathic power players), that pushed bad experimental vaccines on an almost unsuspecting but increasingly skeptical public.

Once I was in the state of seeing the historical analogy, I was ready to realize that there is almost no excuse for allowing anything into food that is not food or a known nutrient.

If one asks WHY Yellow Number Five is in those wonderful-tasting but unnaturally yellow cheese balls, it is obvious – the chemical makes the cheese balls look “cheesier” in a weird but highly unnatural way. It’s psychological. It’s an “allowed psy-op” by makers of food.

Or take salmon. The last time I looked at a really good deal on salmon in the grocery store, I noticed that it was just a bit too strangely orange. Reading the label, there was an admission that the salmon “might” be treated with some dyes to keep it looking attractive.

Suddenly, the salmon didn’t look quite as good to me. It still looked reasonable, and I toyed with the idea of buying it. But I didn’t. In this post-mRNA world, I elected to put off a buy until I could do more research.

So now, after watching this video, I realize that RFKJ is correct. Dyes make foods more appealing, but they do so in a very deceptive way. To me, if dyes have ANY risks, putting them in food makes almost no sense, other than we are allowing “deception in the quality of food” as a kind of freedom. Well, murdering people, stealing their things, and doing other bad things to them are “freedoms” we used to have as humans – and we did away with those freedoms, while keeping most of the rest.

And yet, the enjoyment of food is right there in the Declaration of Independence.

Because I believe in freedom, including the pursuit of happiness in cheese balls and salmon, I don’t want to tell you what to believe, but I will tell you what I believe.

Some people may want vaccines with side effects and risks. I personally don’t, but I want those people to be free to have their vaccines – but not force them on me or my children. And I want the TRUTH about those vaccines to be KNOWN. Not just a little known – A LOT KNOWN.

Some people may want unnaturally yellow cheese balls. I certainly don’t – not any more. I would like some nice, corn-and-cheese-looking cheese balls that I know are healthy for me. But other people may want the yellow cheese balls with strange dyes. Is there a way that we BOTH can be happy? As the founding fathers wanted?

I would like to see more foods without risky, unnatural additives. I would like to see TRUTH IN FOOD and TRUTH IN DRUGS.

I think there is a way forward that will make America HEALTHIER, FREER, and TRUER.

But we have to be honest, if we want to get there.

And what do you know – there are now some people who believe in honesty! And they’re going to be in office, if we continue to support them!

https://twitter.com/RogerJStoneJr/status/1858017711290232892

So what do you think? Can we have freedom, health, and unnaturally orange cheese balls?

Can we have vaccines for those who want them, and ivermectin for those who don’t?

Or will the corporate mafia and demonic cabal always try to control us through government, to make us accept their “right” to control us as lab rats?

You tell me!

W

American Stories: FIRE! – Part II; Plus Bonus Economic Content And A Ted Turner(?!) Lesson

Just a personal author’s note before getting started. The provided links are supporting evidence of my opinions and claims. Rest assured there are many, many more in each subject I discuss if you should choose to verify or seek more information.

Why Stories About Fire?

I am focusing my efforts in these American Stories on revealing conditions that are optimum for the long running globullist criminal cabal to execute plans to achieve their world domination goals. Currently I am drilling down on the subject of their use of fire. The Great Chicago Fire led off in Part I. A fraud perpetrated on Americans that continues to this day. With this part we will take a look at a couple of different types of fire – oil field fires and wildfires. There are a significant number of links to peruse that are integral to the theme of the story. As with most things to do with the globullist criminal cabal, nothing is as it appears.

With the recent work of A Midwestern Doctor on substack concerning the Lahaina, Maui fires from his somewhat unique medical background perspective, I will not be addressing it unless additional disclosure is needed. With the tools we all have available now, any of us could choose to follow the story closely and observe what happens to Lahaina and its residents over the coming years. The globullist criminals do not really care if we know what they do anyway. With uncontrolled power that has corrupted the American governmental and economic systems, they fear no repercussions. Below is a link to his story.

https://substack.com/@amidwesterndoctor/p-147526120

It makes me sick to my stomach when I open our honeymoon photo album and remember our outings in Lahaina nearly 40 years ago. I feel so bad for the people who live there and especially for those who lost their homes, businesses and/or loved ones. We offer special prayers for those affected in the spirit of mahalo. The world lost a unique community and centuries of history that the native Hawaiians shared with everyone who visited that special place.

Moving forward for purposes of this story, when did you last hear about a major oilfield fire that was not connected to acts of war and/or sabotage? You probably cannot recall any of note because they are not common place. Starting with the early days of the wildcatters; over time the industry developed, improved safety techniques were employed, and innovative equipment was introduced to reduce chances of blow outs and accidental fires. The reported major fires we read or hear about today usually involve above ground facilities, transport, etc.; which are easier for saboteurs to access or for real accidents to occur. The most dangerous that involve the wells associated with underground oil reserves, well, not so much.

The most celebrated American oil field fire fighter, the legendary Red Adair, handled a couple thousand during his 50 years in the business; although some major ones in his latter years of life were war related such as in Kuwait during the first Iraq War. He even consulted for a movie called Hellfighters that involved oil field fire fighting that starred John Wayne. The media and entertainment industry incorporated the theme of uncontrolled disastrous fires into their fare as the years rolled by.

https://www.asme.org/topics-resources/content/red-adair-to-the-rescue

Wildfires In General

Shifting to wildfires, to connect and amplify we can go with a current television show to help fuel the fires of emotions to normalize the fearful expectations of wildfires with viewers.

Building on themes such as that, they use DC media propagandists to tie oil field fires and wildfires together…

https://thehill.com/policy/energy-environment/4733419-risky-oil-production-wildfires

And here’s another…

https://globalnews.ca/news/9701951/alberta-wildfires-oil-gas-companies-shutting-in-production-again

Followed by this…

https://ca.news.yahoo.com/park-fire-now-california-largest-000600041.html

The truth is that for the most part, oil field fires are a rarity and above ground incidents are generally well contained. As you can see the propagandists still attempt to tie them together as threats to humanity. So, what is the real plan that incorporates all of the attention and hype?

Why, “Climate Change” Of Course!

They always provide sheeple an explanation that fits the narrative…

https://www.cnn.com/2021/08/11/world/wildfires-climate-change-arson-explainer-intl/index.html

Except, CNN, arson and accidents caused by humans are the primary causes per government data. But let’s not confuse the issue with facts. Yet, here is another from our nazi government…

https://www.epa.gov/climate-indicators/climate-change-indicators-wildfires#

One more from a self appointed “defender” of the environment …

https://www.edf.org/climate/heres-how-climate-change-affects-wildfires

At least the NPS leaves out climate change speculation on their web page below. They also state up front that nearly 85% of all wildland fires in America are started by humans. Truth coming from a federal government agency? To borrow a phrase, “What’s up with that?”

https://www.nps.gov/articles/wildfire-causes-and-evaluation.htm

They must not have received the globullist memo about climate change being the real cause behind it all. However, that does not stop more scammers in need of research funding from indirectly blaming war on climate change.

https://www.icrc.org/en/document/climate-change-and-conflict

https://unfccc.int/news/conflict-and-climate

Or maybe it is directly causing it per this one. Yes, that Stanford.

https://news.stanford.edu/stories/2019/06/climate-change-cause-armed-conflict

The government even has this mapping to help us. Turns out there are several of these mapping sites from various orgs and government entities and you will one see later in this story.

https://fire.airnow.gov

Notice the ring of fire in the west along with fires in Alaska? I guess those fires are never extinguished because I have not seen them change in quite some time.

What Gives?!

Oil Field Fires, Wildfires, Wars – our world is burning down because of… climate change?

OK, for fun –

That song is not that far off, is it? Stress points across the board stirring fears and distracting the masses from what is really going on in the belly of the beast; which is the creating and conducting of a fire sale of America and its assets and resources to the globullist criminals while the deplorable weirdo people are focused elsewhere on the destruction and loss of life. They create the stress points that promote fear porn with the propagandist media and “entertainment industry” fanning the flames while deep state bureaucrats quietly add restrictive regulations on private property behind the scenes to increase costs to the point of making it nearly impossible to privately own property unless your name is BlackRock.

One big, deadly pysop. Rinse and repeat, again and again and again.

The Scam

The ramp up and rally around climate change endangering the world has been around as a scare tactic for the greedy power seeking criminals for a very long time, however, it began in earnest in America when Slick Clinton went into office. Al Gore took the lead as most know. Our Gail Combs has more than ably covered the reality of the climate debate in our world in a thread available on The QTree. As is the case with most things presented by the “experts” in America and the rest of the world, you can be assured that the opposite view from what they present will likely be the most truthful. Gail proves that statement accurate with data and facts. The change we need to prepare for in this climate cycle is actually global cooling. Yes, global cooling cycles are a thing and have been recorded and theorized about throughout history.

For some reason () Mother Nature does not read the globullist created fake data, charts and analysis. She does not get the memo. She does what she does for reasons that are quite scientific, but, unacceptable to the desires of the narrative builders. Mother Nature tends do her own thing by ignoring calendars and working without regard to man’s desires and the recording of time. Thankfully.

Will end this scam discussion with the following. Does the use of fire by the globullist criminals correspond with the climate change scam in an attempt to divert observance of the significant benefits that carbon dioxide and the greening of the world provides? If so, that would also seem to indicate that droughts and desert conditions must work in the favor of the globullist criminals.

Another New Study Finds Rising CO2 Enhances Planetary Greening and Reduces Drought Risk

Barren, dry areas produce very little of significant value for mankind on their surfaces, which is why people do not cluster within them very often. Mankind needs God given natural resources to survive and even thrive. Barren, dry areas push population toward areas with more natural resources, housing, jobs, and recreational opportunities. Clustering then occurs. The value to the globullist criminals is that their totalitarian goals are much easier to accomplish when the people are clustered together.

It is not what is above the surface they seek in those barren areas. They seek what is underground, which will be addressed in the Reality section below. This scam can all be reduced to this very simple principle. You own it, they want it, and they will do whatever they need to do to take it from you as inexpensively as possible.

Reality

Fire has proven to be a great thing for humanity. Living well has depended upon it since the first fire was built by ancients to cook what they hunted as well as to stay warm in cold conditions.

Fire is also used to put out fire, to remove the fuel that wildfires must have to continue burning. Fires conducted in controlled situations are beneficial to the environment. Living near the Great Smoky Mountains National Park we experience the use of fire for that purpose annually in sections of the Park. It helps remove scrub and dying vegetation while providing nutrients to the soil to assist the growth of native grasses, plants and trees that are beneficial to wildlife.

If fire is not used for wicked purposes it is simply a tool for good. Yet, the globullist criminal cabal wants you to focus on its destructive elements. That makes fear of oil field fires and wildfires a useful tool to exploit people by increasing anxiety and even depression leading to an easier sale of climate change. When the population of the world buys into climate change it increases the wealth and world control of those who promote it. As a reminder, the latter are not nice people who care about the needs of others.

In reality, a growing number of people now understand that the climate change movement (religion) has been a corrupted tool to effect certain human behaviors that lead people to believe and do the will of the globullist criminals. What they sell, order and mandate others to do; they do not do themselves. They view human life as livestock. In their minds you exist because they allow you to exist for their purposes.

If they can use fire to influence people to believe in climate change and the dangers of fossil fuels, many people will give in to what they want. In so doing they can then successfully enslave the population to help achieve their longer term goals.

Let us assume a wildfire has indeed ravaged an area. What happens afterwards generally also reveals who benefits most from the disaster. For many people there are insufficient funds to rebuild even if treated fairly by insurers or through government financial assistance. For others the losses endured are simply too much to overcome emotionally to return to an area. In other instances the land or infrastructure itself has been too damaged to safely rebuild in a reasonable period of time. One needs only watch the hot, fire producing lava on Hilo flow and completely change the topography to know – nope – not going back even if one wanted to do so.

The globullists know all of that. They can acquire an affected property for a small fraction of the previous value if it sits near the disaster area, even if it was not damaged. They observe the behavior of the people who have endured the hardships and then influence the negativity to be worse than reality through fear porn, anxiety, angst, etc. ginned up through the propagandist media and influencers in the communities who receive compensation for services rendered. They have pre-event access to triggers (arsonists, planned “accidents”, etc.) that cause many of the fires; deep pockets to capitalize on the events; and the government nazis to back their efforts with excessive regulations, red tape and purchased opposition.

Have you ever noticed how relief funds and insurance settlements are nearly always delayed for long periods to residents and small business owners, yet, the bureaucrats can flush out billions to fight proxy wars and fund foreign interests in seconds? They know that many will grow weary, accept less than what is due or just walk away. These vultures are poised to pounce at all times and consider it great fun to take advantage of the misery.

Within the boundaries of America exists many of the most valuable natural resources for energy, research, manufacturing, timber and agriculture per square inch than anywhere else on earth. When included with neighboring Canada, the abundance is astonishing. We have enough to share with the world to enhance all lives.

Which is why we are being infiltrated, invaded as well as abused by our own government. The globullist criminals do not believe in sharing the wealth, they want to control it all. Klaus Scwab and WEF have already informed the world of exactly that intention. The catastrophic events and actions are used to push the population away from areas they want to control. They want the resources that they know to exist above and below ground for their purposes. Where these random appearing, destructive fires are located reveals many areas they highly covet. If you see no reasons above ground they would want it, rest assured there are reasons below ground.

They have illustrated this vividly throughout history and is why I started with The Great Chicago Fire and mention the recent Maui fire. Both of those were for above ground reasons. The wildfires potentially affecting oilfields in the links are obvious. What you may not notice are the wildfires in remote areas, particularly in the western U. S. However, those areas have been geologically researched for decades and are known to hold huge mineral and fossil fuel reserves for scientific research, manufacturing and energy production purposes.

Perhaps you missed the latest news on a large lithium discovery. Ever wonder why the leftists hate fracking in PA? Clue, other than seeking to induce more misery on the region’s population, it has very little to do with natural gas production. Read the following,

https://www.sciencealert.com/a-vast-untapped-source-of-lithium-has-just-been-found-in-the-us

If as much as 30% of our nation’s anticipated lithium needs can be met by extracting it from wastewater associated with existing fracking operations in that one state, why would leftists object to this obviously environmentally friendlier activity than mining since they are the ones pushing the Green New Deal and EV’s that use lithium batteries?

Well, it could be that many of them are investors or receive lobbyist bribes from other competing energy and manufacturing sectors. In addition some are also probably investors in the companies who hold rights to lithium deposits found in the links below.

https://www.mining-technology.com/projects/thacker-pass-lithium-project-nevada-usa/?cf-view

https://acmelithium.com/2022/03/23/acme-lithium-inc-acquires-new-lithium-project-in-mcdermitt-caldera-region

Notice where this lithium deposit was found; in the dry, scrub land of native Americans in northern NV at Thacker Pass. Notice that ACME Lithium is one of the companies that holds rights and is active in both America and Canada. Consider this statement I found on Yahoo! Finance:

Canadian government just announced $4Billion in funding to Canadian mining projects specializing in critical minerals. “Critical minerals present a Generational opportunity in many areas…this federal government is committed to seizing this opportunity that will benefit every region across the nation and throughout the world”- Jonathan Wilkinson, Canadian Minister of Natural resources, Friday Dec 9,2022.

Then there is this one in the same area with Lithium Americas;

https://www.theverge.com/2023/8/30/23849619/lithium-ev-battery-thacker-pass-mine-mcdermitt-caldera

Might want to bet on this company since GM invested $650 million into it. With a known 46 years of lithium deposits available in just this one area it is going to be around for awhile.

Economic Realities For MAGA – Bonus Content

Will you consider a fellow QTreeper’s economic advice? I propose a quick detour from the fires.

First, President Trump knows about the lithium in the wastewater of fracking operations in PA. As a result, PA and America will experience a huge economic boost if he goes back in as POTUS. One of the reasons he is working that state so hard beyond needing it to comfortably win the election is that it fits his overall economic recovery plan for our nation. The NV mines will also be another large source of lithium to make America totally independent in meeting the growing needs for the mineral. That PA fracking provides an on-going dependable source of low cost natural gas as a source of energy for homes, businesses and industry in the region is just icing on the cake.

Second, I am not yet an EV fan. However, the commitment made by both political parties plus major international corporations indicates that we all might as well get used to the idea as it is here to stay and will be a growing segment. Most rational people realize it will be just one segment of several and not be a complete conversion. We will have a choice for the foreseeable future. As range and features improve more folks will warm up to them. Until then expect to see a growing number of charging stations installed nationwide as well as universal engineering and technology standards emerge from manufacturers. We see the charging stations going in our grocery store parking lots in rural east TN now. You will see the expansion of EV purchases in fleets of autos as well as short range commercial trucks. This will drive the scale needed for production while gradually lowering production costs to make them more affordable for the public without needing government subsidies. Elon knows this with Tesla. Who supports lithium discoveries in America and has aligned with President Trump? Yeah, that guy. It is not the only reason, but it is a major one.

Third, GM is diving in head first. They have invested big in the lithium mining, own lithium battery manufacturing plants with LG Energy Solutions, and invested big into charging stations nationwide with Berkshire (Warren Buffett) owned Pilot Flying J travel centers as I previously discussed in a BIMD story. I doubt any of these corporate giants will be backing away any time soon from the now hundreds of billions of investment collectively into the EV sector. Which tells me that their research and development is indicating sizable gains in range and shortened recharging times in the future. With scale and more units sold, prices will trend down on the vehicles, parts, and batteries packs. It will not eliminate gas and diesel fueled vehicles. However, it will reduce some capital investment into those types of vehicles. EV’s and combustion engine driven vehicles can and should coexist. Becoming totally dependent on any one industry or product is never a smart idea.

Finally, South Korea headquartered LG’s investment into the lithium batteries with GM tells you this will continue to be an international push. South Korea based Hyundai and Kia have invested big into EVs. Honda of Japan is doing likewise. European automakers entered the market years ago. China is already flooding the world with cheap, disposable crap EVs. Sort of like this relic of yesteryear.

Anybody for a Yugo?

The primary complication for full scale acceptance will continue to be electricity generation. With EV’s growing in usage and AI on the horizon, the need for electricity in America will blow past current capacity rapidly. So look for a massive investment into power generation, which will drive manufacturing growth and AI implementation. Customers will not like the massive rate increases needed, so the feds are going to need to step in to make it all happen with tax dollar subsidies and incentives to the producers of power. Expect huge changes in the electricity generation industry with a continued resurgence in nuclear and backing off from killing coal and natural gas usage.

As an example, remember the MO bootheel aluminum smelting mill closure story in BIMD, the one that supplied about a quarter of our domestic demand? The same one that is now closed that countered the Chinese smelted aluminum that goes into the manufacture of electric transformers used in power generation? The same mill that used a huge amount of electrical power generation for production in a state that acquiesced to the closure of coal fired electric power plants? It would not surprise me at all to see that mill crank back up with new investment and tax incentives after the election with PDT’s emphasis on domestic manufacturing. Missouri will probably grant a stay on the closure of those coal fired power plants and push for more natural gas and nuclear. America needs to produce its own electrical generation product necessities and not depend on buying from people who hate us on the other side of the planet. That aluminum smelting mill would help that happen.

I have now informed readers about some good industries and companies to invest in over the long term. If PDT wins the economic gains will be off the charts. If the Dems pull off another steal, this process will still continue albeit with stronger international globullist criminal involvement and emphasis. With PDT winning the smart investment play will be to go with stock picks and mutual funds that focus on domestic energy, manufacturing and distribution. If the steal happens, go international with picks and funds that have a strong concentration of stocks in these sectors. This latter international investment will still produce gains even if Trump wins because a rising sea level (or tide if you prefer) lifts all boats and America is still the sea (tide) – for now. PDT wants the petro dollar to remain the world’s currency. The globullists would prefer it as well.

Back To Fires

I will start this section with a discussion about…Ted Turner. Wut?!

One of the best business investment lessons I ever heard in person as a young business banker was while attending a Chamber event with Ted Turner as speaker. I despise the guy, but he knew how to make a lot of money. He said he made his big move in business as a young man in the billboards industry, taking over his father’s business after he committed suicide. Living and working in the growing southeastern U. S. region he noted the rapidly increasing population and traffic on the highway and interstate system. From past experience he knew billboards were highly regulated within larger city limits in various areas. Very few new structures were being permitted as well as the costs for land purchases and leases were too high to justify those that could be permitted. So he invested big in building and leasing them in the surrounding suburbs and highway systems where people were moving to live as they would be commuting into town to work along with the usual commercial and tourist traffic passing through the areas. Many times he was able to buy the land on which the structures sat. Every time the costs got too high or the cities and counties became too regulation happy he would move farther out, buy more land and build more billboards. He always went where the fast growing bedroom communities were located and he knew they would continue to expand their borders and increase business. The structures his father and he previously built that he still owned were grandfathered in the regulations and as a result became more and more valuable as time passed with the growing number of eyes on them from the increasing traffic. Eventually they became so valuable he sold many of them. Sometimes he retained the land and leased the related land parcel to the buyer of the structure if it was a good property investment with upside. Many times the land would later go on to become parts of large shopping complexes or industrial parks. He used the funding from the various sales to get into media and the television industry. The rest is history.

And yes, I shook the capitalist commie’s hand and thanked him for speaking after the event. I then went to the restroom and washed my hands. It helped inform me about the industry as I had financed small time billboard owners in the past. More importantly it gave me great insight into how some of the globullist criminals think as well as their methods of operation. With that in mind please review the FEMA map linked below;

https://gis-fema.hub.arcgis.com/maps/nifc::nevada-wildfire-information-map/explore?location=37.326752%2C-128.780645%2C4.29

Thacker Pass, NV is in the northern area toward the Oregon border. However, the lithium mineral reserves that have been discovered also extend south and east of the pass. The mining and extraction of lithium is water dependent and the Humboldt provides same. This area just happens to be somewhat near the large wildfires that have have been a recurring feature in the northeastern as well as the central eastern parts of NV.

Does the following look like a place where people would desire to live or supporting businesses of mines locate? How many buildings do you see?

That’s Thacker Pass, NV; the center of the lithium deposit reserves.

The wildfires are occurring east, southeast of this area in more forested, habitable areas that are more suitable and attractive to housing people and operating businesses. That area is directly en route to Salt Lake City, Utah. The Humboldt River runs east to west through the region. The town of Elko located along the river east of Thacker Pass and at the base of the Ruby Mountains is less than one hour from the eastern most point of the lithium find and two hours from the above referenced site. Elko already serves the NV gold mining industry and has been a bit of a boom or bust town historically with casinos and legal prostitution. It is a strong culture fit for what is coming. The area around it would be a logical area for new mining related support businesses to locate, which would lead to residential growth after state and local infrastructure investment. This area just so happens to be where wildfires have been burning north and south of Elko per the above referenced map.

How convenient for the wealthy to buy fire affected property at lower prices just in time for the boom to come while still selling that the wildfires contribute to the dreaded climate change. They will push the use of EV’s and their lithium battery packs to counter it. A real twofer for globullists criminals. They then go on to employ similar Ted Turner investment principles and build a gateway all the way to Salt Lake City, a distance of just 230 miles approximately, while using state and federal tax dollars to fund the infrastructure as politicians sell jobs, jobs, jobs to the unwitting NV and Utah voters.

Yup.

Do we spot more investment opportunities in this discussion? Do we know of a large cult in the region parading in the mainstream of politics who may be interested and involved?

Conclusion

Climate change is noise meant to distract you from seeing what the criminals are really doing and want from you. The wildfires and threats of oil field fires are meant to drive you from the lands they affect. The decision to stay and fight, fight, fight or go is yours alone.

As for me and my house we will do our best to live the way God intended for all of us and it will work out in accordance with His perfect will. The criminals will have a fight on their hands with us.

In FIRE Part III, I will conclude comments on this climate change push and discuss a tragic wildfire that significantly impacted our lives in east TN.

May you and yours be blessed.

My Private Boeing Whistleblower

A Carefully Concealed Re-Framing of What a Boeing Insider Told Me

Sometimes it pays to simply be in the right place at the right time, and to REALIZE IT.

I have learned to stay IN THE MOMENT – to REALIZE IT IS A MOMENT – and to REMEMBER IT.

The world is a weird place. Every day, whether you fully understand it or not, you come into contact with people who have EXTREMELY interesting stories. You simply don’t hear them, most of the time.

So that person whose parent worked on the Manhattan Project, or that survivor of a serial killer, or the person who baby-sat Bill Gates – you meet them, you talk to them, but unless they open up about it for some reason, you will never know it.

There was a local radio station I remember, which had a segment called “Brushes With Fame”, and it was amazing to hear the MANY stories – because everybody has a few. You do. I do. And every poster on this site does, too.

My most recent brush with fame, was somebody with the inside story on Boeing’s problems. And this isn’t just “hearsay” – meaning it wasn’t just an insider who HEARD the story – it was somebody who knows – with their own eyes – all the details. How the story came out – I cannot say – it’s too unique.

I was SHOCKED. The story makes sense. It matches what we suspect. But most importantly, it EXPLAINS EVERYTHING.

This really needs to be said – and every member of Boeing’s board of directors needs to know this stuff – but I have to be very careful not to give so many details that the “whistleblower” is found.

And you KNOW “they” will try, because it’s what “they” do.

But this is important, so WE will try to get the word out – safely.

TL;DR – The basic problem at Boeing is terrible craftsmanship.

OK – we suspected that. But….

Why???

Here’s why.

The building of planes is being OUTSOURCED to sloppy companies, where workplace practices, procedures, and personnel are more like the roofing and cheap housing construction industries, than they are like aircraft mechanics.

The workers are young, poorly trained, barely educated, and either ignore or are not given rigorous assembly procedures. Safety checks are not done. Turnover is high. The untrained have to train the unqualified. Opportunities for wrong tools, wrong parts, and wrong procedures are everywhere and omnipresent. Those who understand disciplined assembly practices are shocked by what they see happening.

If you can imagine “clean room” technology, this is the opposite.

Management has known about this, but ignored it until the accidents and crashes made the problem too visible. They are only now reacting, and have not even BEGUN to do what should have been done years ago. And they are STILL not addressing the full problem.

The whistleblower had first-hand knowledge of all of his. I use the word “whistleblower” with some caution. This person may or may not have told any of this to other people. They may or may not have told Boeing management. I am hiding many shocking and highly validating details to make sure that the person cannot be found. But I will say this.

Boeing is not the only place where outsourcing (both foreign and domestic) created more problems than it solved. I saw the exact same thing, first-hand, in the tech and science world. QUALITY was very frequently sacrificed because the top-down orders were “global or else”, and “global” was basically some connected Chinese or Indian company getting a “didn’t earn it” job. These bad decisions were the outcome of boardroom combat by highly-paid stiffs – often people who didn’t truly understand the business, but had finagled their way into power by connections and influence, or otherwise, themselves, “didn’t earn it”.

Who can be more “global” than the other person? Who can be more cunning, in negating any criticism of sloppy work as xenophobic or nativist? Who can denigrate American quality in the smartest way – and then sell us all out – for a BONUS?

I’m not saying that Boeing is using foreign companies for outsourcing, although perhaps they are. I am saying exactly what I heard – that whoever Boeing is outsourcing to, domestic or not, it’s not working.

I do have some suspicion that CHINA is involved here – that they are sabotaging Boeing’s domestic workforce so that the economics will favor a CHINESE SOLUTION, with a CHINESE WORKFORCE, much like Apple and other companies that are now addicted to Chinese labor. That would also explain whistleblower deaths. The ChiComs are ruthless, when they think they can get away with it.

Whatever – bottom line – Boeing needs to get its act together – and that will NOT happen with “China Joe” in the White House.

Time to FIX IT. And getting Donald Trump back in the White House is a big part of MY proposal for how to do it.

W

Back In My Day: Scoundrels and Heroes, Part 4 – Personal Heroes

As we move toward the completion of BIMD, I want to focus this part more on the positive. It is in this part that God’s mysterious, awesome loving care was fully revealed to me. The stories about some personal heroes follow.

To set the stage, in Goober’s former life in the delta of AR and MO in the 70’s and 80’s there was a family that very few folks would know about today. The patriarch was a man of great character and competency in his work. He was my mentor with the utility company employer, a district manager. He was from a modest family background from a small rural town in southeastern MO called Ironton. He served in our military after WW II and went on after his enlistment was up to enter the utility industry. He married his high school sweetheart and they had a son together. It was during this period he was transferred south to the bootheel to Caruthersville by his employer who had both electricity and natural gas distribution operations in regions of Missouri and northeastern Arkansas. He was named the local manager of both utilities in that town.

Goober Moves To The Bootheel

That first entry level job with the utility company employer in that river town came after college and a stint in banking in Little Rock that brought all of its political connections and observations previously discussed. At the time I was still a rube, a nobody married into a somebody family that was yet to be fully groomed by the Dem/uniparty machine. I had unwittingly married into a wealthy family with long standing deep state as well as national Dem political and business connections that I had no idea even existed. However, the more I learned through the years the more uncomfortable and even fearful I became as discussed in other BIMD stories.

I reported to work in the small town of Caruthersville, MO with all of the family and political connections I needed to meet leaders, open doors and get my job done. Our District Manager, a few levels above me in the corporate structure, became my mentor as he had formerly lived in the town for a good number of years before his promotion into the home office in NE Arkansas. He was not a part of the Dem criminal machine, just an average guy that worked his tail off to do good work. When he was hired by the company back in his day, he was later named the youngest local manager in company history. The job I was assigned to perform provided good training and access all over the bootheel as I worked with contractors who were building energy efficient electric homes during the national shut down of natural gas access. Living in the community provided both good and bad connections as you can see from the previously linked Reeves (JER) interview in Scoundrels, Part 1. I tried to understand who was who better without aligning with anybody in particular.

George K. Reeves (GKR), the attorney who secured the job for me, had left and was selling his large home there to live in Memphis and when working, in New Orleans where the headquarters of the larger holding company of the utilities operation was located. He provided legal services as a function of his position on its Board of Directors. This holding company was the NYSE listed Middle South Utilities that had operations at that time in five states, which included nuclear power facilities going back to the late 60’s. It is now called Entergy Corporation, still based in New Orleans, and one of the nation’s largest publicly held power companies. During the years that followed my employment they sold off their natural gas company operations as well as smaller electrical distribution rights that crossed into border states. They are now located in Texas, Arkansas, Louisiana and Mississippi.

There were other people in the community not mentioned in the JER interview who were also prominent. That was a good thing. One lived a few doors down from GKR. His name was Charles Southern, Jr., who soon became a friend. It also turned out he was a long term friend of Fred Smith, the entrepreneurial CEO of Federal Express. They had met each other in Memphis as younger men where both had common business and social activities. It was at this point I began to realize that once again I would be associating with some people who played at a high level. That was something I did not expect after leaving Little Rock for a small town in the Bootheel.

However, Charlie was different, more down to earth and not snobbish at all. He was a devoted family man with a wonderful wife and four kids. He acted as the CEO for his retired father’s barge towing business, Southern Towing, whose terminal was located in Memphis with their headquarters an hour north in Caruthersville where Charlie and family lived. That small town was where his father had started before it grew into a regional operation. The company had a GM running operations at its Memphis terminal. Charlie had also purchased a small, related maritime insurance brokerage he operated from Caruthersville. Later on after I had long since left the area, he moved his family to St. Louis after selling the barge business upon his Memphis based father’s death. He continued operating the insurance brokerage until his own death in 2017. His obit with bio information is below.

https://www.luptonchapel.com/obituary/5337464

Charlie was one of the good guys. He was loved and a friend to many no matter their station in life. He was also unapologetic about his faith. He was very considerate, giving and helpful. I always regretted that our paths diverged due to the circumstances of work and life changes. I still wish I had listened to him in 1978 when he told me about Fred taking FedEx public and it being listed on the NYSE. After telling me what the company was about and Fred, he said that I should mortgage the house if I needed to buy their stock. Ole Goober did not have much money to do anything back in those days, but in hind sight I should have scraped whatever I could together to do so. I told my ex’s family about it, but they thought they knew everything and did not buy any either.

These people and more along with their associations, businesses, politics and more nefarious activities were in this little Mississippi River delta town of about 7500 people at that time. A population that has since declined to about 5500.

I was in that town only one year before being promoted to the nearby Kennett, MO office in adjacent Dunklin County. My mentor gave the honor of being the youngest local manager in company history to me and I was truly humbled. If you read the JER interview in Scoundrels, Part 1 you received insight about both counties; Pemiscot where Caruthersville was located as well as Dunklin. The political and government power structures in both were totally different. Essentially, they had nothing to do with each other, like there was a wall that separated them. The sheriff of many years in Dunklin had run a cleaner ship, unlike the criminal Sheriff Orton in Pemiscot.

Living in the two towns was also like night and day. In Kennett I was accepted immediately into the business community and put to work in the local UMC church and civic orgs. It was an enjoyable two years and I learned much about my work role, people in general, and the UMC denomination. My best friend from there, who later was the Best Man in my wedding to Wifey, was a big reason for that as he made sure I knew how things worked around there as well as more in the UMC power structure. He was a district lay leader for the conference and voting member at the UMC General Conference for many years. However, my stay in that town was not to last. It was a great training ground for the next role my mentor had in mind during our company’s merger into Arkansas Power & Light back in NE Arkansas where he was located. Much of the rest of this portion of that story was previously given in the earlier BIMDs.

It was from this man I learned about serving others with integrity in my occupation as well as corporate operations practices that I was able to utilize throughout my business career. After all I had seen and experienced at such a young age I was dangerously inching toward the grooming of the Dem controlled side of things with the continued exposure to my ex’s family, friends, political connections and business network. My mentor offered me alternative ways of looking at and doing things while still being able to enjoy life in each community. Subsequently, while still in their employment, I received similar exposure to another older, conservative political mentor as a board member in the company employees’ PAC back in Little Rock. This man was the assistant to the President of the company.

Through the years leading up to my time there, my local mentor’s son who was a decade older than me, completed his undergraduate degree at the University of Missouri and enrolled in medical school at the University of TN medical school in Memphis. After a year there he joined the Army to serve his country and earn funding for future medical school expenses via the GI Bill. He was commissioned a Captain and was awarded a Bronze Star as a combat medic in Vietnam prior to his return in 1971. He reenrolled in medical school and completed his residency. While in Memphis he joined a group that developed one of the first urban trauma centers in America. With his experiences in the field in Vietnam he had developed a passion for trauma care and related surgery. When we met, he and his family had just moved back to the area, opened his surgical practice and lived nearby in town. The link to his obit below provides more details of this extraordinary man’s life.

https://www.dignitymemorial.com/obituaries/bartlett-tn/dr-kenneth-sellers-7548520

Kenneth, his wife and kids were all good folks. It is an interesting oddity that both he and his father were named Kenneth and both his mother and wife were named Norma. We had some good conversations with the Kenneths and Normas over dinner on weekends for several years. He had developed a keen interest in organ transplants and later completed advanced studies, but chose not to go into the specialty as his occupation due to expenses and loss of income associated with leaving his practice as well as the requirement of completing a long residency to gain experience. He had a family to take care of and they came first. After his father passed away in the early 1990s, he and his family including his mother moved back to Memphis where he became a professor in the University of Tennessee medical school while remaining very active with the related foundation associated with transplants and organ donation. His wife passed away a couple of years after he did in 2019.

However, the interconnections in this story do not end there.

More Interconnections And Parallels

While Kenneth and his family were in NE Arkansas with his parents, he became friends with the surgeon/chief of staff for the hospital at the SAC AFB adjacent to the town. They had a lot in common with their military service and surgical backgrounds. This man would join us all for dinner on occasion. This talented surgeon later left the AF when his tour ended the year before my divorce and subsequent move to east TN. I learned from Kenneth he had decided to return to the UT medical school in Memphis for additional education and residency for a specialty as an OB/GYN. With all of his connections there, Kenneth helped get that done. I will leave his name out of this as he is still alive, retired and living relatively near us. I will call him Baby Doc for this story.

Meanwhile an Otolaryngologist (ENT) physician acquaintance who lived down the street went through a divorce a few months before me as his wife refused to leave the area for a much better opportunity he had received from a practice and hospital in east TN. She was a native of the area and the marriage had been rocky for some time, so he forced her hand and she divorced him. We neither one knew it at the time, however, both of us were heading to the same area about 500 miles away with divorce papers in hand looking for a fresh start.

We lost touch for a couple of years until one day this ENT’s new wife called our bank in East TN to inquire about a possible business loan for a new greenhouse business they were starting that she would operate. They were located in my assigned territory, so I took the call, went to see them, and had a good time catching up on everything with him. About ten years later he became the ENT my mother-in-law used until her passing. He is still practicing in this area part time, so I will leave his name out as well and just call him Nose Doc.

A year or so after we married and unbeknownst to me at the time, Wifey decided she would check out her ability to have a child. She told me she had a routine GYN exam scheduled and would drive herself. However, she had other plans. She knew she needed an OB/GYN who specialized in high risk pregnancies due to her age and to a nightmare first pregnancy, It was an emergency delivery prior to our marriage that landed her in a coma for several days. Her long term GYN made a referral to a practice with three OB/GYN physicians who worked out of an office adjacent to a preferred hospital.

As it turned out it was a practice located next door to the OB/GYN of the Warrior Queen, Pat Summitt. Her OB/GYN was a banking client of mine. This was discussed a bit in another past BIMD. Wifey got the all clear during the exam, we discussed it that evening and went on with life. It was not long until she was pregnant with Daughter.

Imagine my surprise when I saw Baby Doc’s name on the sign at the door when I joined her for one of the first appointments after becoming pregnant. I had not noticed it a year before when I was visiting with my customer, Pat’s doc. I had no idea Baby Doc had joined a practice in Knoxville after his residency was completed. I wanted to see him again to ask how things were going, however, he was never there when I came with her to exams. He seemed to always be in surgery or delivering a baby.

The big night came and the labor pains grew more frequent and so we headed to the hospital. Guess who was on call for their practice and waiting on us when we arrived? Hello, Baby Doc! We had a quick, happy visit and then prepped for the delivery. I had taken classes with Wifey to enable me to be in the operating room during delivery even with it being a planned, more extensive surgical procedure that involved tube tying. Baby Doc even allowed me to record the blessed event on my video camera, just behind a surgical curtain that had been erected on Wifey’s torso on the operating table.

Both Baby Doc and Nose Doc knew Kenneth well and went to UT Medical School during the same period. Both lived in the same small town in rural NE Arkansas when I lived there before moving to the same area nearly 500 miles away during the same year. One ended up delivering our daughter, the other taking care of my mother-in-law. Yup.

Then there was my interconnection with the families of the former residents of Caruthersville, MO. One’s father became my mentor. The son and a friend grew up and played sports together through high school and passed away at about 73 years of age about two months apart? Yup, Kenneth and Charlie.

What city did they all have in common? Memphis. in what city did Wifey and I first meet during the same general time period? Memphis. The same city that Dr. Adrian Rogers preached from, who so strongly influenced my spiritual life’s development. Memphis has been home to many very good and horribly bad things within our nation’s history. Most of my personal experiences were very good. With that in mind as well as past BIMD stories I give you…

Introspection

When I consider that all of these men, women, their families and friends were from and/or living in the same rural, podunk farm country of the Mississippi River delta; with several choosing to move to spend their lives where I do now without knowing we were doing so, I am blown away. Only a God who cares deeply for His children could arrange all of these connections and events in the manner and sequence they occurred. Sad, difficult situations led to better, happier ones. Life affirming relationships carried forward that led to helping others for decades. Taking the proper fork in the road led to joy and peace. Doing what was right in God’s sight when nobody was looking or paying attention led to lives well-lived.

These folks are heroes as far as I and many others who knew them are concerned. I give thanks for all and especially my Lord for His love and care. The evil that could have happened to me – did not. In essence I was alone and exposed without an understanding of how to use the armor of God. He provided people, many more than even described here, to be truth tellers and helpers that encouraged and educated me. I learned to pay closer attention to the Holy Spirit within me. And everyday since my awakening I simply pay it forward to others as opportunities are presented.

Some would call this inner sense or consciousness providing guidance as having intuition. Others say it is just being crazy. However, I know the truth is that it has always been the Hand of God through the Holy Spirit guiding me away from destruction, taking care of things, leading me toward the light, who is Jesus Christ. Run on sentence time. It happened because I made a decision at 8 years old in a steel mill town of the Midwest after listening to my pastor who was from a small rural town in Kentucky who once was a partying musician in a band who felt the call of God on his life who then went to seminary and became a great evangelist that brought the gospel to my young ears and understanding. The deal was sealed when I publicly said, “Yes.”

Over the years that followed I learned that all of my subsequent striving, failures and sin did not cancel that day of redemption and the state of being forgiven and accepted into the family of God forever. I truly had experienced being born again and could spend my life in service to others as my Lord desired. Jesus changed everything.

Conclusion

I offer special thanks for a couple of friends from those days. Mike and Phil – you will never know this side of heaven what inviting me into the Bethel Bible Series meant at a time when I was slowly drowning. Mike, your courage in abruptly leaving the society scene upon receiving the Lord’s call on your heart and then diving into helping others understand the Word served as an example as a man on fire for the Lord. Along with Phil, the Lord walked both of you into the lives of me and many others to teach and deliver the truth of Christian living.

Phil, you were there for me with an encouraging word, prayer and reading material when I was hurting and alone during the divorce. I will never forget and have tried to follow your lead with others through the years. I still have the paperback you gave me the month before I left; Winners and Losers by Sydney J. Harris. You gave your best wishes for success in my new career as well as for good health and happiness. You asked God to bless me. Then you wrote that the book was for me, your friend, “a winner”. Looking forward to seeing you again in Heaven, my winning friend.

To conclude, I dedicate this part of the story to the Normas, Jana, and Wifey. You were the rocks that never crumbled for your families and communities. You took care of the wounded, hurting and hungry without fanfare. Your children reflected the love and values of your families. You earned your crowns in Heaven.

There is one more special person to express love and appreciation from BIMD that I will discuss in the finale next time.

For some reason this version of the great classic reminds me so much of the music in the Mississippi River delta around Memphis. The talent on that stage – wow! Enjoy.

Which reminds me of the time we broke bread over breakfast with Gregg, Dickie and most of the Allman Brothers Band at the downtown Mariott in St. Louis the morning after a concert in St. Louis in the early 1980s. Hearing “Ramblin Man” on the car radio in August 1973 as I was driving home from working the graveyard shift at the steel mill hit my inner redneck self square in the heart. Having the occasion to actually meet and visit with them was a treat. It was a time when Gregg was clean, sober and rational; although I doubt Dickie ever was.

It was the same Mariott I had stayed in a couple of years before with a couple of utility company execs when we were called to testify in a fight the company had with the IBEW union before the National Labor Relations Board (NLRB) there. Did I tell you I knew some things about how the NLRB scratches the backs of union leaders and that it is all a scam?

Darn, there I go with another story or two. Nope, not gonna do it. See you next time with the BIMD Finale.

Dear KMAG: 20240122 Joe Biden Didn’t Win ❀ Open Topic

Joe Biden didn’t win. This is our Real President:

AND our beautiful REALFLOTUS.

This Stormwatch Monday Open Thread remains open – VERY OPEN – a place for everybody to post whatever they feel they would like to tell the White Hats, and the rest of the MAGA/KAG/KMAG world (with KMAG being a bit of both).

And yes, it’s Monday…again.

But we WILL get through it!

We will always remember Wheatie,

Pray for Trump,

Yet have fun,

and HOLD ON when things get crazy!

We will follow the RULES of civility that Wheatie left for us:

Wheatie’s Rules:

No food fights.
No running with scissors.
If you bring snacks, bring enough for everyone.

And while we engage in vigorous free speech, we will remember Wheatie’s advice on civility, non-violence, and site unity:

“We’re on the same side here so let’s not engage in friendly fire.”

“Let’s not give the odious Internet Censors a reason to shut down this precious haven that Wolf has created for us.”

If this site gets shut down, please remember various ways to get back in touch with the rest of the gang:

Our backup site, The Q Tree 579486807, https://theqtree579486807.wordpress.com/
Our old alternative site, The U Tree, where civility is not a requirement
Our Gab Group, which is located at https://gab.com/groups/4178
Our various sister sites, listed in the Blogroll in the sidebar

Our beloved country is under Occupation by hostile forces.

Daily outrage and epic phuckery abound.

We can give in to despair…or we can be defiant and fight back in any way that we can.

Joe Biden didn’t win.

And we will keep saying Joe Biden didn’t win until we get His Fraudulency out of our White House.

Wolfie’s Wheatie’s Word of the Week:

doppelganger

noun

A ghostly double of a living person, especially one that haunts such a person.
An evil twin.
A remarkably similar double.
Alter ego.
A person who has the same name as another.
A book by anti-Trump feminist Naomi Klein, about Trump-friendly feminist Naomi Wolf.

From Wikipedia

A doppelgänger (/ˈdɒpəlɡɛŋər, -ɡæŋər/), sometimes spelled as doppelgaenger or doppelganger, is a biologically unrelated look-alike, or a double, of a living person. In fiction and mythology, a doppelgänger is often portrayed as a ghostly paranormal phenomenon and usually seen as a harbinger of bad luck. Other traditions and stories equate a doppelgänger with an evil twin. In modern times, the term twin stranger is occasionally used.

The Book Cover

MUSIC!

How about a “fiddle chicks X bagpipe grlz” video?

It turns out there is actually a song called “Doppelganger”. It’s not bad at all, but kinda sad.

How about some fresh country? Just found this song!

OK, let’s finish with a TRUMP RALLY SONG! WOOHOO!!!

THE STUFF

The stuff, this week, is about Naomi Klein vs. Naomi Wolf.

I began by picking up the recent “Naomi vs. Naomi” book, Doppelganger.

You’re all most likely familiar with feminist Naomi Wolf, that perennial guest of Steve Bannon. She, the anti-COVID-vaccine-fighter extraordinaire, whose stellar work on the Pfizer FOIA documents caused Rochelle Walensky to flee her harpy perch at CDC for better cover.

There is another feminist who is sometimes confused with Wolf, named Naomi Klein. Klein is a cabal defender, ultimately, but she has managed a bit of some weak “insider” criticism on the left – enough to be considered an intellectual – not enough to lose her perks and privileges.

Supposedly because Klein is sometimes mistaken for Wolf, and takes wrongly directed criticism from the left for it, Klein decided to attack Wolf, and hence the book. Or at least, that is her story.

Right now, both the Kindle version and the hardback version of Klein’s book are $15, which means that the hardcover is NOT doing well in those cabal bookstores like Barnes & Lucifer.

“WHAT???!!!” – you may be saying. Why would this Wolf (“DA WOOF”) be picking up RADICAL LEFT TRASH?

The book is basically one long REEEEEEEEEE!!!!!, and it’s glorious, and that is why I bought it.

More specifically, the book is a left-wing, globalist, overly verbose, incredibly narcissistic, and eye-rollingly navel-gazing attack by stereotypical “New York culture, Canada address” feminist Naomi Klein on “MAGA-friendly liberal” feminist Naomi Wolf.

Once I realized how much of a REEEEEEEEEE!!! this book was, I began laughing in the store at every breathless outrage, and eventually realized that I needed to buy it.

The thing is, Naomi Klein is OBSESSED with Naomi Wolf, and the more one reads, the more one understands that FAKERY is chasing AUTHENTICITY – obsessed – because Fakery cannot stand to be in the same room as Authenticity, and yet it MUST be in that room, getting all the attention, so it has to ATTACK what it cannot be.

In the same way that people like Romney, Pelosi, Obama, Kasich, and all the rest are OBSESSED with Trump, and simply MUST try to destroy him – in the same way that Satan is OBSESSED with Christ, and must try to destroy Him, so Naomi Klein is obsessed with the “other Naomi” whose coattails she rode in on, and from whose coattails she exited, in the name of holding onto respect by the media, the government, and the rest of the elite.

It is my belief that Naomi Klein is the real doppelganger, and that her work is a kind of sub-critical hysterical confession. IMO, Klein always benefited from confusion with Naomi Wolf – until Naomi Wolf “walked the walk” right into the fire – in a way that Naomi Klein could not follow, nor even pretend to “talk the talk” without losing her seat at the elite table.

Wolf lost her academic position for speaking the truth. Klein still has hers. Do the math.

Klein wrote a book called The Shock Doctrine, which was a very insightful look at how neo-liberal corporate capitalism piles into crisis to make money. Klein was basically starting to see the phoniness of things like the Green New Deal. The problem was, she could never go far enough, because she’s too close to the agenda. Whether Klein can’t see, won’t see, or is just pretending not to see, it doesn’t change the outcome – she doesn’t see.

Klein can never see – nor admit that she sees – the corruption of centralized government, working hand-in-hand with phony crisis capitalism.

COVID and the vaccines provide a perfect example. Klein simply can’t leave the plantation. She stays safely on the “Bad Wolf” designated cheer circle, criticizing Wolf for departing from “the science” into “conspiracy theories”, and utterly refusing to admit that “the science” is no longer interested in saving pleb lives, when government money, taken from the plebs, is there for the taking.

Does Klein know? Is she wise to the globalist scam? Probably, IMO.

Klein also takes some interesting heat from the left.

For example, Klein is seen as a bit too friendly toward big-government-big-corporation-big-NGO-big-academia solutions, and the “gang-green” take her out for not going totally Maoist and anarchist on climate change, like those brave souls who glue themselves to roads, art exhibits, and whatnot.

Has Naomi Klein Sold Her Soul?

Then there is this great work of TLDRism from the intellectual left, seeing the same thing in a more complicated way.

Klein vs. Klein

Whatever. The bottom line is that I took one for the team, to figure out what’s up with this Klein broad. Save your money – don’t buy the book unless you want to “see the REE“!

Just sayin’!

Until victory, have faith!

And trust the big plan, too!

And as always….

ENJOY THE SHOW

W

Back In My Day: Civilized War – CSB Wrap Up

Wasted opportunities and subversive elements provide the contents of this wrap up of CSB. Faith and politics over the years of BIMD will follow in the next chapter to provide a sample of what occurred in my life throughout American government, business and industry. I will post that one later this summer after the honey do season is over, which was pushed back by the communists setting Canada on fire, with associated smoke making its way into these hills for a few weeks at levels unhealthy for us old farts. Now we have the summer heat and humidity to deal with, so the old man is going at a much more measured pace. I want to be around to witness grandchild #3 coming into the world if the Lord allows.

Let’s finish off CSB – the deceased home of subversion and wasted opportunities from BIMD. This does get into the weeds a little bit, primarily to illustrate how little the financial industry dug into the details of small business finance BIMD. That should be a big warning bell to readers to never trust the system since about half of America’s working population is employed by small businesses.

I will not regurgitate the previous information. I want to first focus on the internal loan and servicing operations platform that was being developed while we were delivering above peer profitability. BIMD the entire industry employed a methodology that was similar throughout the country. It was time consuming, laborious, documentation heavy and trained manpower intensive. It had become established practice that SBA, USDA and examiners approved that had not kept pace with IT advances. Since it was a developing, cottage industry of small business finance; there was not an extensive trained workforce available for hire. Most hiring involved finding people with developable abilities and strong work ethics who were willing to be trained and progress in their understanding and proficiency over time. To entice talented people to do so required above peer compensation, incentive pay and good benefits. In the training process and subsequent entry into their roles, they would learn more about the industry from the industry’s trade association; which was provided primarily by fellow competitors, experienced consultants and any governmental agencies involved. They would learn what I learned, that they were actually employed by the industry and would be able to easily find employment elsewhere if the need occurred as long as they did their job well and stayed out of trouble.

Which is exactly what most of my former staff and managers did after leaving CSB. Even today I run into several frequently when out and about where we live. For the most part they continued working in the industry for other employers and some have worked their way up the ranks while others were able to recently retire with good nest eggs. One thing the industry did very well long before it became popular was permit quality employees to work from home in many roles. We were doing this thirty years ago. Productivity did not suffer, it actually increased with the better performing staff and sales force because we provided production incentive pay in many roles. The method was only used with positions and people who could handle the lack of a supervisor being present. They had lower personal expenses from not having to commute and enjoyed increased flexibility with their personal lives. For many this made them employees of the industry for life. All a leader and manager can ask for is a stable, productive workforce at a cost they can build into the business model and this method helped make it happen.

However, knowing and executing the system with the corresponding manpower development practices did not mean it was the right way to go about delivering the product.

Despite our futuristic views in areas such as approved staff working from home, BIMD it appeared nobody in the industry built and maintained a data base of financial and performance factors relating to their past and existing loan customers, much less used them for building their credit policy parameters in an analytics based way. Some relied on SBA for macro reported SIC code (business type codes) data for the purpose as well as SBA credit policy parameter recommendations, which were not all that current and at a competitive disadvantage versus conventional commercial lending programs.

There was access to global delinquency, loan default, foreclosure, etc. type servicing information from agencies. Even the international rating agencies of Moody’s, S & P ,and Fitch only used global when they also could have built their own data bases from the information of bank customers they reviewed. Which is ironic since the industry called itself financial analysts, but apparently not so much for small businesses. As a result the loan operations process had not changed in the nearly 15 years of my involvement in the industry, which began during the early growth stage of its foray into selling guaranteed loan portions into the secondary markets.

Spoiler alert: For the most part it still hasn’t some 15 years after I left CSB based on my contacts. There are a few notable exceptions with different business models that focus on internet delivery of their products. However, the traditional delivery systems that dominate the loan volume are still doing it in a similar manner as they did in the 1990s albeit with improved access to IT systems and software. Yet, the annual global loan volume has increased three-fold during the period to the $25 B per year range, primarily due to our negotiations between SBA, Congress and the industry back in 2004. We opened the door for guaranty fees paid by the borrowers to be adjusted annually so that the 7(a) program became totally self funding. This program loan appropriation stability encouraged more lenders to participate.

For the most part a service industry of small business finance does things the same way they did it thirty years ago, which makes it labor intensive, which makes it less efficient, which makes it more costly to operate, which makes it less successful than it could have been. Our Loan Officer Operations Program (LOOP), was designed and being programmed to counter those negative factors. The savings from the lower staffing requirements throughout the division would have reimbursed the cost of development in short order.

CSB’s owners never really understood the value of what a handful of us attempted to do for them and our own division’s operations. We had adopted FiServe’s bank loan operations and servicing platform, the biggest and best in the business at that time. We did so because the bank’s proprietary system that was owned and controlled by the CSB owners was incapable of handling our volume and requirements, so they approved our contracting FiServe. We had also installed scanned document processing to eventually eliminate the use of physical loan files in the approval and loan closing process. Each file would be 4-8″ thick with documents, so you can imagine how ridiculous it would be for each staff person to work multiple files at the same time with some underwriters maintaining shadow file copies to be able to more easily approve modifications for when their loans transferred into the closing department. We contracted offsite secured storage of the physical files to store them out of our way post closing.

What was needed was to develop a system that pushed the loan applications from the sales force through underwriting into closing without dependence on personal initiative and extensive management oversight. We could also pull loan servicing data post closing into our related data base to fine tune credit parameters, while automating the process. This would enable us to more quickly determine a loan applicant’s ability to meet our credit parameters, a huge benefit to the sales force as well as potential customers. A fast yes or no is highly desired by business borrowers. It would have reduced our staffing requirements for well compensated underwriters as well as identify under performing production (sales) officers quicker. The chaff would have been removed from the system long before it entered and slowed everything else down.

The physical system used then and now was prone to operator error. As just one example, if a quality loan request hit the desk of an inexperienced or less competent underwriter, the timing could be delayed and the interactions between the customer, production officer and underwriter could become slow and strained. Nothing is more frustrating or counterproductive than to work on a quality, profitable loan request only to lose it by being too slow.

Another troublesome part was related to the human element. Many credit officers and underwriters enjoy their ability to influence an approval or a decline a little too much; it became a power trip with occasional personality conflicts. LOOP would remove much of the ability to conduct arbitrary actions. Sales would receive a loan request, enter the required data, and the data would be compared to policy. The loan request would receive a green light to proceed, a red light to decline, or a yellow light to proceed with caution while providing acceptable responses to credit policy exceptions. If acceptable responses could not be achieved, the red light would be issued and the loan declined. If a credit officer attempted to override an approval or decline the system would flag an exception that the SCO would be forced to review and make the decision.

We could even red light entire business types by SIC code if our loan concentration in specific industries, such as lodging or restaurants, had approached regulatory concentration or loan pool buyer limits. The production officers, referral sources and their prospects would suffer no embarrassing surprises. We could have stopped there with LOOP’s development and it would have been worth every penny spent to develop.

The underwriters would receive only prequalified loan requests to work and serve much more as auditors seeking answers to questions and verifying the customer representations while completing bank and agency documentation requirements. The loan closing area would receive approved loans with signed borrower commitment letters with a much reduced number of documentation contingencies to chase down. We determined the entire process would speed delivery from loan application submission through closing by a minimum of 50% in addition to the loan pre-qualification benefits. It would have removed unqualified applicants from submission into the system entirely. It would have focused the underwriters with less opportunity for power trips and more focus on the actual credit and documentation gathering that mattered. It would have added to the data base of information with each entry from the point of application through eventual payoffs of loans, providing us important information to head off potential credit parameter and closing issues well in advance. The variables addressed and removed to go with the benefits were obvious.

Scarcity Versus Abundance

The first bit of subversion was by the SCO who embraced it at first. When he saw the scope was greater than he anticipated he quietly obstructed and postponed his contributions as long as possible as he was “too busy” to get to it immediately. He was clearly concerned that his authority and influence over “his” department would diminish if more of the process became automated, which was really short sighted and wrong headed. He was also concerned that his underwriting staff would be exposed. He and some his underwriters were beginning to bring to mind the following scene from Office Space.

The sad part is he would have made the same or even more money while working less hard and spending less hours at work. He could have had abundance, instead he chose scarcity and fear. There would have been less bad loans to administer as well as far less time spent with bank examiners and auditors explaining their decisions when it all fell apart.

Some may wonder why I did not replace the SCO. In banking, credit officers have a degree of autonomy for good reasons. They need to stand apart from the action, pressures and influences to make sound loan decisions. The SCO reported to me in most areas, however, with loan decisions and loan servicing related duties he reported directly to the CEO, the Chairman. This is the proper regulatory approved methodology for a bank that size. Once his undermining of division operations began with Judas, he influenced the owners to believe LOOP was unnecessary. This was toward the end of my employment there. I had already identified his replacement from within had the owners sided with me, the NSM and the division’s CPA/Controller. That potential replacement now leads a large operation of a similar type out of FL that employs several of our former staff.

What he and the owners missed by not embracing and doing the right thing with their roles in the bank is still very sad to me today. We had two quality programmers and one exceptional one working on it. The exceptional one was committed to leaving in six months as a future classified employee of the DOD and slotted to work on the supercomputer development at Oak Ridge National Laboratory that is still in use today. His expertise laid the framework for what the other two would complete for us. Our division CPA/Controller was highly computer literate and would lead the integration of the accounting and audit functions. It was all teed up and on the path to implementation. Which scared the SCO.

The owners fell victim to their own short term greed, which was made far worse by Judas, who circumvented the entire process. He was the primary subversive element preying on the fears of the SCO. When he saw Bear Stearns was in trouble and found his new home with us, he took advantage of the personal and business flaws of the owners and the SCO. That I supported his hire still bothers me. I never envisioned him basically manipulating them into doing what they did; I thought they were smarter and more accomplished than that. They also had him take over the bank’s investment portfolio. He sold all of the bonds right before the markets tanked, after which the bonds would have been the most valuable. He was behind the push to grow the loan volume even higher in 2007 and 2008 as the selling of the bonds provided more funding for loans. These were the same loans that he ended up no longer being able to sell as the debt markets collapsed. When they could not be sold for a reasonable premium, he told the owners to hold them until the debt markets were more favorable within a year, which did not happen either. He secured higher cost brokered deposits to cover the lack of liquidity. It was dumb for the owners to believe any of it as they later learned; especially doing so despite the NSM, Division CPA/Controller and me telling them it was not the right things to do.

It turns out the compensation of Judas at the bank was partially based on commission he earned in his activities. Clearly self serving, yet not realized by the owners. When the bank disintegrated, he moved back to his former employer of Morgan Keegan. The same Morgan Keegan that lied to us and had tried to fleece us in the original 504 loan pool sale that we sold to Bear Stearns instead. It was also who transacted the sale of the bank’s bonds that Judas authorized. It was the same Morgan Keegan that the owners continued to associate with and value for personal financial investment reasons long after I had moved our division on to better buyers and relationships. The same Morgan Keegan that The Rich Man also used in his banking operation. The same Morgan Keegan that later went on to sell out to Raymond James Financial where Judas ended up.

When the CSB owners bought out The Rich Man, they bragged to him often about CSB’s profitability and growing prominence in our industry while also opening competing branches in The Rich Man’s branch bank’s locations. Apparently that was a bridge too far for The Rich Man. Our using other loan buyers was a bridge too far for Morgan Keegan. The owners swallowed the bait.

My primary regret was not over the bank losing its way. I had seen that happen far too many times by more accomplished bankers than them. My consternation was over the lack of understanding and foresight as to the value of LOOP. It was this blown opportunity that bugged me most. When completed, which was scheduled for late 2008, it would have been operated on its maiden voyage and the kinks all ironed out. By 2010, the system could have been marketed to bankers nationwide as a proprietary product and over time the owners would have been rolling in cash they never dreamed possible along with the division employees enjoying bonuses. The marketing would be occurring when all bankers were looking for ways to decrease expenses and increase profitability to recover from The Great Recession. It would have been a perpetual annuity, the gift that would have kept on giving for years. It was going to be far more valuable than the bank would ever be even if it survived.

Other lenders understood, but lacked the expertise. We had the expertise, but no commitment to the delivery from the owners. For example, I toyed with an opportunity to join Capital One through the connections of my marketing director, who had formerly worked there and had reached out to them. However, they would have plugged it into their credit card type business model and that simply did not fit the nuances of our industry and our expertise. Much would be lost in the transition as well as harming the employees. In my opinion at that time it would be better to allow them time to make their own moves as needed.

Which leads to the implications for America. If all banks used a similar system to what we had in development for small business finance while also using an agency of the federal government to guarantee 80% of the total loan amount; what impact would that have on business innovation, growth, employment, income taxation and bank solvency in America today? Competition is a bedrock value in a capitalistic society. However, competition is also what the establishment and globalists hate. They will do anything to suppress it as we are seeing playing out in the public eye today.

The borrowers pay the costs of the loan program that provides them capital at a reasonable borrowing cost with better than conventional loan program terms. Why would any bank not use a LOOP type system to lower operating costs, gain faster turn around times and use less manpower that could bring them annual returns far in excess of 25% per transaction with government guarantees of the majority of the loan?

Over time some small businesses become big businesses. Some even become industry leaders, which changes the balance of power. Some create new industries. Those occurrences are not acceptable with some wealthy, powerful people.

Conclusion

Oh well. Shiz happens, right brother Forrest? Or in this case, doesn’t happen. Hopefully somebody with an innovative mind and sufficient wherewithal can make it happen someday.

Enjoy your summers. Take time to do as Clay suggests because you never know when you will be called.

Back In My Day: Civilized War – Bank Autopsy

A tale as sad as any told about a bank during the economic meltdown of the Great Recession.

https://www.usbanklocations.com/community-south-bank-19849.shtml

To sum up the lesson of this part of the BIMD story: The years of plenty followed by the years of famine. Biblical – as found in Genesis Chapter 41.

Wisdom – Git Sum

All the owners of Community South Bank (CSB) needed to do was listen and consider what was happening in front of them. They had long term relationships with national and local politicians, regulators, other bankers, business associates and so on. If they no longer wanted me to lead the division and advise them on the bank side, at least pay attention to everything and everybody else who had a pulse and a resemblance of useful knowledge.

Why trust a vagabond investment banking loan buyer/seller who would sell his soul for a buck and move on? Yes, he was very intelligent and had a strong work ethic in what he did. However, why hand total trust of the bank’s balance sheet to somebody who had not been there when the owners acquired the bank, grew it, and hired us to build the division that went from ground zero to #15 in the nation with SBA in combined program loan volume? Why trust so many other people, antiquated methods and systems that were no longer of value?

All of that and more escaped their understanding, which was odd since they were not dummies. The ownership was comprised of a well heeled General Contractor with over 30 years experience; an attorney who was also the CEO of an ESOP controlled nursing home chain; and the Chairman with over 30 years of banking experience including being the former CEO of the former shareholder’s larger bank as well as President of the state’s banking association. They all owned other businesses as well.

And yet…

Motivations Were Different

During the earlier days of our great growth, profitability, and national lobbying activities; the owners were all in. You can track the strong increase in net income beginning in our second full year of operations in 2005 via the information in the link. Over time greed and pride began to dominate their hearts and decisions. Their expectations were not rooted in reality despite our transparency of explaining the nature and cycles of our business prior to and during employment. Of the three, only the Chairman had a soft heart for the Lord as well as a decent understanding of commercial banking. However, he was a minority shareholder who would not buck the others and acted unsure of himself at times. The three owners had been lifelong friends going back decades. There was no way for me to isolate and address the issue as their hired gun. In addition, the bank’s President was also a young, local guy in the pocket of the Contractor who stayed at odds with the Chairman and openly lobbied for his job. This had become very detrimental to the morale of the bank’s employees in their headquarters.

None of that insider ownership information was known to our group prior to joining forces. It usually takes time and working closely with people to get the lay of the land in business. We wanted the opportunity to prove we could get it done and they were the only option we felt we had considering the situation with our former employer that would have led to the total disruption of what we had built. In the eastern U. S. there were no other banks we were aware of who had previously or would consider going national with small business lending as we could do it. All we asked for was reasonable expectations and flexibility to ebb and flow with the economic cycles. They acknowledged it when we first began, however, they reneged over time. It was not to be, again. This group of owners never believed in or accepted our vision, but never told us that until several years had passed. They just wanted more money.

In the final analysis their lack of understanding did not stop them from eventually exerting their ownership authority to force it to happen. In their attempt minus me, Judas was given authority over some key areas of the division while credit administration was handled by the SCO and sales by the NSM temporarily. All reported directly to the Chairman, at least in the first couple of years. The same Chairman who had exhibited the deer in the headlights look about what we did most of the time I was employed there.

Bank Financial Downturn

As shown in the financial information provided in the link their downturn began in 2008 not long after I was gone, although they remained in denial for a couple of years. The owners would call occasionally to chat and get my opinions, of which they ignored until it was too late. I wanted them to succeed for the division employees had trusted us with their careers and income as well as to receive the compensation from the parachute, so I would always take the calls and offer advice when asked. Their pride would never allow them to publicly admit it, however, it was obvious during the calls after a couple of years that they realized they stepped in it. I will refrain from posting an image of what they stepped in; you the reader already know.

Several key division staff contacted me to discuss their issues. Sometimes it would be as they were in the process of exiting to better opportunities. The SCO would try to spin how they were doing in his calls. Which was silly given that their quarterly call (financial) report was published and I saw it every quarter. At one point a few years in he finally realized he had been a major contributor to their downfall by continuing to approve requests that added to the backlog of loans that had become nearly impossible to sell despite the claims of Judas. I repeatedly told him and the owners to move the loans as soon as possible both during and post employment even if it was just for a small fee or at breakeven; to sell everything not bolted down on the ship. I knew there were still buyers available who would pay reduced fees. Yet, they refused to sell.

I asked the SCO if he remembered when and why I urged him to tighten the reins on credit approvals in the second half of 2007. He said he remembered, but the owners would not let him; they wanted more loan volume. I asked him how that worked out for everybody. He had no response. Without being contracted, he chose to be yoked and contribute in a major way to the eventual demise of the bank. He knew better, could have resisted, left his job if necessary; yet, he did what they wanted anyway. More on him later.

The NSM would tell it like it was. He let me know he would be leaving to take over as the small business finance unit’s eastern region manager for a top ten national bank later in 2008. He had driven sales from zero at start-up to over $400 M annually in credit worthy loan volume in less than five years at that small community bank. He deserved the opportunity and is still a force in the industry today. More on him later as well.

At the time of my termination the bank had around $550 M in assets with a capital ratio in excess of 8% that passed regulatory requirements as well capitalized. This was a manageable size that could be sustained based on existing capital and liquidity. The key issue for the bank’s viability was to routinely sell the pooled loans held for resale. During my leadership period we managed the balance sheet with pooled loans for resale at less than 25% of total assets at all times as disclosed in the financial data provided in the link. The high point at FYE 2007 was just below $120 M. One year later after I was gone they had increased it to $282.5 M on $715 M in assets, which was nearly 40%, during the worst period in the debt market collapse. In other words, they did the exact opposite of what they should have done in those market conditions, even beginning the process of increasing pooled loans secretly in the fourth quarter of 2007 while I was still there. Judas slowed loan sales with ownership approval under the guise of completing sales in the first half of 2008 to get off to a good start (for himself).

After the previously committed loan pool sales closed in early 2008, instead of selling the future pooled loans for lesser returns to the buyers who remained, Judas and the owners chose to hold them to sell at a later date when conditions and returns improved. Ordinarily that does not have to be a bad thing since the bank would receive increased interest income during the period instead of receiving premium (fee) income as well as servicing income earned from loan sales. However, the economic collapse occurring nationwide was increasing delinquencies and loan defaults at a rapidly increasing rate with all businesses and consumers. This would lead to a big liquidity and capital crunch as the buyers of pools exited the market no matter the debt instruments involved.

Which leads to the Biblical story referenced at the beginning of this part found in Genesis Chapter 41. Since the owners had been personally taking everything they could out of the bank’s income in the form of compensation and dividends during the years of plenty, there was no reserve of capital and liquidity to cover for the expected increasing loan defaults and lesser profit margins during the years of famine. Pharaoh was willing to listen and adapt to the strategy of Joseph. He was willing to accept that there are good times and bad times, so prepare in advance. As a result, not only did Egypt survive, they thrived and became even wealthier.

Counting the excessive executive overhead charge annually, our division had delivered approximately $25 M of income in 4.5 years from startup to a community bank operation that contributed less than $10 M in the same period. Before my termination the bank reported $10.1 M net income for FYE 2007. The division provided in excess of $7.5 M of that after paying the large executive overhead charge to the bank; $8.9 M excluding it. We had pushed the Return on Assets (ROA) to around 2% consistently while the traditional banking operation was going the opposite direction due to their branch expansion. For the less financial types reading this – 1% ROA was a traditionally acceptable return for banks during that period.

A cash dividend of $3.5 M was paid. Combined bank and division net charge-offs for the year were only $1.1 M, which had already been adequately reserved in previous years. Only $500 K of that paltry total was attributed to our division, which at that point had closed approximately $1.1 B in small business loans in 4.5 years. The rest of the bank only provided about $1.2 M of the total 2007 net income. That low number, half what it had been when we started there, should have been a clue that they were overextending the expansion of branches.

For 2008 and after my termination the overall bank managed a positive net income of $4.6 M, of which the division provided $3.3 M according to the NSM excluding the executive overhead charge. So basically, the traditional community bank side provided no net income and was beginning to have excessive commercial real estate based loan defaults in its expanded branch locations. The income was less than half the previous year. Instead of gaining even more income with my termination that the owners believed they could do, the opposite happened as they went on their merry way. Yet, they still took a cash dividend of $2.7 M. Please note that regulators must approve the payout of dividends. So they obviously believed whatever story the owners were telling them. During the years following 2008 the bank lost money, a lot of money. Despite that, regulators allowed a $787 K cash dividend to be paid for FYE 2009, ostensibly paid to the Chairman who bailed out of the organization per the SCOs comments.

Throughout 2008 and 2009 they continued to approve SBA 504 loans that they could not sell immediately. The use of the program had been the “opportunity” CSB needed previously, but should have been discontinued at the beginning of 2008 since it involved the acquisition and construction of commercial real estate for business purposes. The economy was clearly tanking. The $150 M of loan commitments for construction loans were in various stages of completion during the collapse. Some borrowers were already in deep trouble due to the economy. Over $60 M of the total was to be partially taken out by the funding of SBA’s guaranteed debentures. The SBA began waffling on their commitments because they could not sell the debentures. They delayed settlements due to a lack of federal funding and access to institutional buyers to purchase the debentures.

The division staffing remained high in 2008 for the volume of business as they did not implement the division’s expense reduction plan until well into 2009. They also never implemented a bank-wide expense reduction plan at all. They simply never believed the downturn would last long, much less become The Great Recession. Judas had them fully convinced all would be well, until it wasn’t.

Fortunately, my compensation continued to be paid even if it was slow in receipt at times. Over the years that ensued their difficulties became worse and they were forced to make drastic cuts in division staffing of those who remained. Many good people had left voluntarily as opportunities presented themselves. Three years into the parachute and non-compete agreement, the division’s senior attorney contacted me to partner with her and a group of Nashville investors to develop a lending unit. In addition a couple of other local banks wanted to do one as well. I passed on all of the opportunities to live within the spirit of the agreement, which would have needed the bank’s release to change. My freedom had become much more important than career aspirations.

During 2011 the SCO called to say that he had finally talked the owners into selling what was left of the division for $1 M to an expanding regional bank who wanted the unit for their branch system to refer customers. The benefit to CSB would be the cash and reduced expenses from staff leaving. It was actually amusing to hear in light of the $21 M Bear Stearns offer they previously rejected. They turned over all of the CDO servicing rights to the master servicer. The SCO had the opportunity to lead his own small unit for the purchasing bank – a big fish in a very small pond with no outside sales force. It was at this point that he told me that Judas had gone through some personal changes of heart, that he had returned to his former employer in Memphis. All of the bank and economic challenges had humbled him and he had accepted Jesus; that I should reach out to him.

Maybe I should have. Or maybe the SCO was trying to make himself feel better about his own choices. Maybe the change of heart was real and I sincerely hoped it was. However, Judas needed to be the one to reach out to make amends. Reconciliation would have been possible as I had already forgiven him and moved on. I had not harmed him in any way during our times working together or afterwards. I had offered him a career lifeline with a good compensation plan. It was a role that he had abused along with the bank itself. The ball was in his court to make the first move if he was sincere; a simple phone call he never made.

Winding It Down

I could belabor the points and details, but it is time to move on. The bank failed in mid-2013. My last check from the agreement was received in August for what was due in April. They made it the five years I hoped they would achieve. I was thankful they honored the agreement to the best of their abilities during difficult times as I honored mine. Another larger, regional bank purchased the facilities and took over the deposit accounts. The FDIC took over the loan accounts. The recognition of the losses incurred from the defaulted loans and CDO tranches had already occurred a few years before. The loan recovery process had also begun, which would have improved CSB’s balance sheet as foreclosed properties (REO) were sold in better market conditions. The SBA had begun working through their backlog of funding guaranteed loans and debentures with appropriations from each federal budget CR approval as quantitative easing was kicking in.

Had they listened, all would have been well in about four-five years if they had injected the trust preferred funding into bank operations instead of buying out the former shareholder and/or sold the division to Bear. It would have helped to not take the large cash dividends. If the division remained, there would have been an increased emphasis on making SBA 7(a) program guaranteed loans that remained financially attractive throughout the downturn with a division staff trimmed to match the needs of the program per the plan I provided them in January 2008. All of the servicing portfolio would have remained with the income it provided to cover all division staffing expenses. The new operations and servicing platform would have been finished and implemented by early 2009.

All of it would have been dependent on leaving greed and the thirst for control out of the equation.

They did none of it.

Conclusion

Oh well. Shiz happens. Right, brother Forrest?

As I wind down BIMD, the next chapter will be the wrap-up on CSB along with the answers to any related “whatever happened to” questions.